In last trading session, Roadzen Inc (NASDAQ:RDZN) saw 3.36 million shares changing hands with its beta currently measuring 0.51. Company’s recent per share price level of $2.05 trading at $0.53 or 34.87% at ring of the bell on the day assigns it a market valuation of $143.58M. That closing price of RDZN’s stock is at a discount of -249.76% from its 52-week high price of $7.17 and is indicating a premium of 65.37% from its 52-week low price of $0.71. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.34 million shares which gives us an average trading volume of 306.96K if we extend that period to 3-months.
Roadzen Inc (NASDAQ:RDZN) trade information
Upright in the green during last session for gaining 34.87%, in the last five days RDZN remained trading in the green while hitting it’s week-highest on Thursday, 12/19/24 when the stock touched $2.05 price level, adding 13.87% to its value on the day. Roadzen Inc’s shares saw a change of -59.72% in year-to-date performance and have moved 20.59% in past 5-day. Roadzen Inc (NASDAQ:RDZN) showed a performance of 156.25% in past 30-days. Number of shares sold short was 0.43 million shares which calculate 4.78 days to cover the short interests.
Roadzen Inc (RDZN) estimates and forecasts
This year revenue growth is estimated to rise 2.33% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 12.11M for the same. And 1 analysts are in estimates of company making revenue of 14.9M in the next quarter.
Roadzen Inc (NASDAQ:RDZN)’s Major holders
Insiders are in possession of 52.16% of company’s total shares while institution are holding 17.72 percent of that, with stock having share float percentage of 37.04%. Investors also watch the number of corporate investors in a company very closely, which is 17.72% institutions for Roadzen Inc that are currently holding shares of the company.