Investing In Ryde Group Ltd (AMEX: RYDE) Stock. Performance & Trends

In the last trading session, 0.29 million Ryde Group Ltd (AMEX:RYDE) shares changed hands as the company’s beta touched 0. With the company’s per share price at $0.31 changed hands at $0.0 or 1.31% during last session, the market valuation stood at $8.15M. RYDE’s last price was a discount, traded about -7154.84% off its 52-week high of $22.49. The share price had its 52-week low at $0.28, which suggests the last value was 9.68% up since then. When we look at Ryde Group Ltd’s average trading volume, we note the 10-day average is 0.17 million shares, with the 3-month average coming to 742.91K.

Analysts gave the Ryde Group Ltd (RYDE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended RYDE as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Ryde Group Ltd’s EPS for the current quarter is expected to be 0.

Ryde Group Ltd (AMEX:RYDE) trade information

Instantly RYDE was in green as seen at the end of in last trading. With action -9.21%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -92.24%, with the 5-day performance at -9.21% in the red. However, in the 30-day time frame, Ryde Group Ltd (AMEX:RYDE) is -28.06% down. Looking at the short shares, we see there were 0.11 million shares sold at short interest cover period of 0.24 days.

Ryde Group Ltd (RYDE) estimates and forecasts

Year-over-year growth is forecast to reach 0.59% up from the last financial year.

The 2024 estimates are for Ryde Group Ltd earnings to increase by 49.48%.

RYDE Dividends

Ryde Group Ltd is expected to release its next quarterly earnings report in January.