Now Is The Time To Build A Position In Ryde Group Ltd (AMEX:RYDE)

In last trading session, Ryde Group Ltd (AMEX:RYDE) saw 0.35 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $0.49 trading at $0.0 or -0.22% at ring of the bell on the day assigns it a market valuation of $12.88M. That closing price of RYDE’s stock is at a discount of -4489.8% from its 52-week high price of $22.49 and is indicating a premium of 42.86% from its 52-week low price of $0.28. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.52 million shares which gives us an average trading volume of 919.78K if we extend that period to 3-months.

For Ryde Group Ltd (RYDE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Ryde Group Ltd (AMEX:RYDE) trade information

Upright in the red during last session for losing -0.22%, in the last five days RYDE remained trading in the green while hitting it’s week-highest on Friday, 01/03/25 when the stock touched $0.49 price level, adding 9.26% to its value on the day. Ryde Group Ltd’s shares saw a change of 6.52% in year-to-date performance and have moved 6.52% in past 5-day. Ryde Group Ltd (AMEX:RYDE) showed a performance of 29.77% in past 30-days. Number of shares sold short was 95081.0 shares which calculate 0.5 days to cover the short interests.