During the recent session, Roadzen Inc (NASDAQ:RDZN)’s traded shares were 0.81 million, with the beta value of the company hitting 0.25. At the last check today, the stock’s price was $2.88, reflecting an intraday gain of 15.66% or $0.39. The 52-week high for the RDZN share is $7.17, that puts it down -148.96 from that peak though still a striking 75.35% gain since the share price plummeted to a 52-week low of $0.71. The company’s market capitalization is $203.73M, and the average intraday trading volume over the past 10 days was 1.24 million shares, and the average trade volume was 463.20K shares over the past three months.
Roadzen Inc (NASDAQ:RDZN) trade information
Roadzen Inc (RDZN) registered a 15.66% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 15.66% in intraday trading to $2.88, hitting a weekly high. The stock’s 5-day price performance is 15.66%, and it has moved by 121.54% in 30 days. Based on these gigs, the overall price performance for the year is -39.87%. The short interest in Roadzen Inc (NASDAQ:RDZN) is 0.6 million shares and it means that shorts have 1.23 day(s) to cover.
Roadzen Inc (RDZN) estimates and forecasts
In the rating firms’ projections, revenue will increase 2.33% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 12.11M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 14.9M by the end of current fiscal year.
While earnings are projected to return 45.80% in 2025.
RDZN Dividends
Roadzen 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.
Roadzen Inc (NASDAQ:RDZN)’s Major holders
Roadzen Inc insiders own 52.63% of total outstanding shares while institutional holders control 17.70%, with the float percentage being 37.37%.
