During The Past Six Months, Algorhythm Holdings Inc (NASDAQ: RIME) Shares Took An -81.93% Jump. Here Is What We Should Expect

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During the last session, Algorhythm Holdings Inc (NASDAQ:RIME)’s traded shares were 0.69 million, with the beta value of the company hitting 0.22. The 52-week high for the RIME share is $1.97, that puts it down -688.0 from that peak though still a striking 16.0% gain since the share price plummeted to a 52-week low of $0.21. The company’s market capitalization is $3.59M, and the average intraday trading volume over the past 10 days was 0.86 million shares, and the average trade volume was 3.67 million shares over the past three months.

Algorhythm Holdings Inc (NASDAQ:RIME) trade information

Algorhythm Holdings Inc (RIME) registered a 1.77% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.77% in intraday trading to $0.25, hitting a weekly high. The stock’s 5-day price performance is 12.34%, and it has moved by -37.78% in 30 days. Based on these gigs, the overall price performance for the year is -73.91%. The short interest in Algorhythm Holdings Inc (NASDAQ:RIME) is 0.23 million shares and it means that shorts have 0.02 day(s) to cover.

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RIME Dividends

Algorhythm Holdings Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Also, the Mutual Funds coming in first place with the largest holdings of Algorhythm Holdings Inc (RIME) shares are Perritt Ultra MicroCap Fund and Fidelity Extended Market Index Fund . Data provided on Jul 31, 2024 indicates that Perritt Ultra MicroCap Fund owns about 36.71 shares. This amounts to just over 0.26 percent of the company’s overall shares, with a $9287.0 market value. The same data shows that the other fund manager holds slightly less at 7.77, or about 0.05% of the stock, which is worth about $1965.0.