For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Roadzen Inc (NASDAQ: RDZN) closed at $1.51 in the last session, up 4.14% from day before closing price of $1.45. In other words, the price has increased by $4.14 from its previous closing price. On the day, 0.72 million shares were traded. RDZN stock price reached its highest trading level at $1.52 during the session, while it also had its lowest trading level at $1.27.
Ratios:
We take a closer look at RDZN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 0.45.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, Maxim Group on May 23, 2024, initiated with a Buy rating and assigned the stock a target price of $10.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 12 ’25 when Malhotra Rohan bought 2,300 shares for $1.09 per share. The transaction valued at 2,507 led to the insider holds 807,837 shares of the business.
Malhotra Rohan bought 16,750 shares of RDZN for $17,755 on Mar 06 ’25. The insider now owns 803,537 shares after completing the transaction at $1.06 per share. On Mar 07 ’25, another insider, Malhotra Rohan, who serves as the insider of the company, bought 2,000 shares for $1.08 each. As a result, the insider paid 2,160 and bolstered with 805,537 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RDZN now has a Market Capitalization of 114792848 and an Enterprise Value of 135199504. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.48. Its current Enterprise Value per Revenue stands at 2.924 whereas that against EBITDA is -4.323.
Stock Price History:
The Beta on a monthly basis for RDZN is 0.50, which has changed by 0.88044834 over the last 52 weeks, in comparison to a change of 0.12121439 over the same period for the S&P500. Over the past 52 weeks, RDZN has reached a high of $2.99, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is 29.76%, while the 200-Day Moving Average is calculated to be 36.60%.
Shares Statistics:
According to the various share statistics, RDZN traded on average about 450.48K shares per day over the past 3-months and 844610 shares per day over the past 10 days. A total of 74.29M shares are outstanding, with a floating share count of 44.96M. Insiders hold about 40.85% of the company’s shares, while institutions hold 5.02% stake in the company. Shares short for RDZN as of 1760486400 were 689820 with a Short Ratio of 1.53, compared to 1757894400 on 461568. Therefore, it implies a Short% of Shares Outstanding of 689820 and a Short% of Float of 2.23.
Earnings Estimates
The stock of Roadzen Inc (RDZN) is currently drawing attention from 1.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is -$0.01, with high estimates of -$0.01 and low estimates of -$0.01.
Analysts are recommending an EPS of between -$0.08 and -$0.08 for the fiscal current year, implying an average EPS of -$0.08. EPS for the following year is $0.1, with 1.0 analysts recommending between $0.1 and $0.1.
Revenue Estimates
According to 1 analysts,. The current quarter’s revenue is expected to be $12M. It ranges from a high estimate of $12M to a low estimate of $12M. As of. The current estimate, Roadzen Inc’s year-ago sales were $11.87MFor the next quarter, 1 analysts are estimating revenue of $16.1M. There is a high estimate of $16.1M for the next quarter, whereas the lowest estimate is $16.1M.
A total of 2 analysts have provided revenue estimates for RDZN’s current fiscal year. The highest revenue estimate was $62M, while the lowest revenue estimate was $58.3M, resulting in an average revenue estimate of $60.15M. In the same quarter a year ago, actual revenue was $44.3MBased on 1 analysts’ estimates, the company’s revenue will be $100M in the next fiscal year. The high estimate is $100M and the low estimate is $100M.
