Algorhythm Holdings Inc (NASDAQ: RIME) Shares Have Loss -70.69% Over The Past Month

Algorhythm Holdings Inc (NASDAQ:RIME) has a beta value of 0.07 and has seen 0.55 million shares traded in the recent trading session. The company, currently valued at $5.90M, closed the recent trade at $2.48 per share which meant it lost -$0.23 on the day or -8.49% during that session. The RIME stock price is -15787.1% off its 52-week high price of $394.00 and -1.21% below the 52-week low of $2.51. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.94 million shares traded. The 3-month trading volume is 624.41K shares.

Algorhythm Holdings Inc (NASDAQ:RIME) trade information

Sporting -8.49% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the RIME stock price touched $2.48 or saw a rise of 18.95%. Year-to-date, Algorhythm Holdings Inc shares have moved -85.91%, while the 5-day performance has seen it change -16.78%. Over the past 30 days, the shares of Algorhythm Holdings Inc (NASDAQ:RIME) have changed -70.69%. Short interest in the company has seen 7734.0 shares shorted with days to cover at 0.01.

RIME Dividends

Algorhythm Holdings Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Algorhythm Holdings Inc (NASDAQ:RIME)’s Major holders

Also the top two Mutual Funds that are holding company’s shares are Fidelity Extended Market Index Fund and Fidelity Series Total Market Index Fund. As of Nov 30, 2024, the former fund manager holds about 0.00% shares in the company for having 39.0 shares of worth $97.0 while later fund manager owns 7.0 shares of worth $17.0 as of Nov 30, 2024, which makes it owner of about 0.00% of company’s outstanding stock.