In the last trading session, 159.24 million shares of the Algorhythm Holdings Inc. (NASDAQ:RIME) were traded, and its beta was 0.17. Most recently the company’s share price was $0.60, and it changed around $0.14 or 29.89% from the last close, which brings the market valuation of the company to $5.84M. RIME currently trades at a discount to its 52-week high of $1.97, offering almost -228.33% off that amount. The share price’s 52-week low was $0.35, which indicates that the current value has risen by an impressive 41.67% since then. We note from Algorhythm Holdings Inc.’s average daily trading volume that its 10-day average is 16.03 million shares, with the 3-month average coming to 514.73K.
Algorhythm Holdings Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended RIME as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Algorhythm Holdings Inc. is expected to report earnings per share of 0 for the current quarter.
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Algorhythm Holdings Inc. (NASDAQ:RIME) trade information
Instantly RIME has showed a green trend with a performance of 29.89% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.7810 on recent trading dayincreased the stock’s daily price by 23.18%. The company’s shares are currently down -40.58% year-to-date, but still up 27.41% over the last five days. On the other hand, Algorhythm Holdings Inc. (NASDAQ:RIME) is -18.91% down in the 30-day period. We can see from the shorts that 79328.0 shares have been sold at a short interest cover period of 0.49 day(s).
RIME Dividends
Algorhythm Holdings Inc.’s next quarterly earnings report is expected to be released in November.
