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Ryde Group Ltd (AMEX: RYDE) closed the day trading at $0.43 down -15.60% from the previous closing price of $0.51. In other words, the price has decreased by -$15.60 from its previous closing price. On the day, 0.75 million shares were traded. RYDE stock price reached its highest trading level at $0.48 during the session, while it also had its lowest trading level at $0.43.
Ratios:
For a better understanding of RYDE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RYDE now has a Market Capitalization of 17441584 and an Enterprise Value of 11347125. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 7.91. Its current Enterprise Value per Revenue stands at 1.099 whereas that against EBITDA is -1.199.
Stock Price History:
The Beta on a monthly basis for RYDE is 3.01, which has changed by -0.10416669 over the last 52 weeks, in comparison to a change of 0.19736934 over the same period for the S&P500. Over the past 52 weeks, RYDE has reached a high of $0.89, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is 3.61%, while the 200-Day Moving Average is calculated to be 30.04%.
Shares Statistics:
Over the past 3-months, RYDE traded about 2.09M shares per day on average, while over the past 10 days, RYDE traded about 2021690 shares per day. A total of 27.60M shares are outstanding, with a floating share count of 17.43M. Insiders hold about 58.42% of the company’s shares, while institutions hold 0.56% stake in the company. Shares short for RYDE as of 1760486400 were 752313 with a Short Ratio of 0.36, compared to 1757894400 on 145511. Therefore, it implies a Short% of Shares Outstanding of 752313 and a Short% of Float of 2.6199998.
Earnings Estimates
Analysts are recommending an EPS of between -$0.12 and -$0.12 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is -$0.07, with 1.0 analysts recommending between -$0.07 and -$0.07.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for RYDE’s current fiscal year. The highest revenue estimate was $11.9M, while the lowest revenue estimate was $11.9M, resulting in an average revenue estimate of $11.9M. In the same quarter a year ago, actual revenue was $8.95MBased on 1 analysts’ estimates, the company’s revenue will be $13.13M in the next fiscal year. The high estimate is $13.13M and the low estimate is $13.13M.
