Ryde Group Ltd (AMEX: RYDE): Is This The Time To Buy?

Ryde Group Ltd (AMEX:RYDE)’s traded shares stood at 0.36 million during the last session, with the company’s beta value hitting 2.59. At the close of trading, the stock’s price was $0.32, to imply an increase of 4.23% or $0.01 in intraday trading. The RYDE share’s 52-week high remains $22.49, putting it -6928.12% down since that peak but still an impressive 50.0% since price per share fell to its 52-week low of $0.16. The company has a valuation of $8.49M, with an average of 2.39 million shares in intraday trading volume over the past 10 days and average of 9.64 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Ryde Group Ltd (RYDE), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give RYDE a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy.

Ryde Group Ltd (AMEX:RYDE) trade information

After registering a 4.23% upside in the last session, Ryde Group Ltd (RYDE) has traded red over the past five days. The 5-day price performance for the stock is 11.76%, and 53.27% over 30 days. With these gigs, the year-to-date price performance is -94.45%. Short interest in Ryde Group Ltd (AMEX:RYDE) saw shorts transact 77307.0 shares and set a 0.44 days time to cover.

RYDE Dividends

Ryde Group Ltd has its next earnings report out in August. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Ryde Group Ltd (AMEX:RYDE)’s Major holders

Ryde Group Ltd insiders hold 24.24% of total outstanding shares, with institutional holders owning 1.47% of the shares at 1.94% float percentage. In total, 1.47% institutions holds shares in the company.

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