Algorhythm Holdings Inc (NASDAQ: RIME) At Current Prices: Is It Worth Investing In?

During the last session, Algorhythm Holdings Inc (NASDAQ:RIME)’s traded shares were 66.36 million, with the beta value of the company hitting 0.30. The 52-week high for the RIME share is $1.97, that puts it down -2088.89 from that peak though still a striking 22.22% gain since the share price plummeted to a 52-week low of $0.07. The company’s market capitalization is $8.48M, and the average intraday trading volume over the past 10 days was 161.25 million shares, and the average trade volume was 37.48 million shares over the past three months.

Algorhythm Holdings Inc (NASDAQ:RIME) trade information

The stock spiked 2.33% in intraday trading to $0.09, hitting a weekly high. The stock’s 5-day price performance is 0.00%, and it has moved by -59.07% in 30 days. Based on these gigs, the overall price performance for the year is -91.46%. 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.

RIME Dividends

Algorhythm Holdings Inc is due to release its next quarterly earnings in February. 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 Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Oct 31, 2024 indicates that Fidelity Extended Market Index Fund owns about 7.77 shares. This amounts to just over 0.01 percent of the company’s overall shares, with a $683.0 market value. The same data shows that the other fund manager holds slightly less at 445.0, or about 0.00% of the stock, which is worth about $39.0.