Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Algorhythm Holdings Inc (NASDAQ: RIME) was $0.92 for the day, up 3.62% from the previous closing price of $0.89. In other words, the price has increased by $3.62 from its previous closing price. On the day, 0.5 million shares were traded. RIME stock price reached its highest trading level at $0.92 during the session, while it also had its lowest trading level at $0.73.
Ratios:
Our analysis of RIME’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.53. In the meantime, Its Debt-to-Equity ratio is 4.31 whereas as Long-Term Debt/Eq ratio is at 0.17.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 18 ’25 when Stingray Group Inc. sold 5,494 shares for $0.26 per share. The transaction valued at 1,428 led to the insider holds 2,722 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RIME now has a Market Capitalization of 2503763 and an Enterprise Value of 5092763. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 1.64. Its current Enterprise Value per Revenue stands at 0.193 whereas that against EBITDA is -0.46.
Stock Price History:
The Beta on a monthly basis for RIME is -0.18, which has changed by -0.944375 over the last 52 weeks, in comparison to a change of 0.19226205 over the same period for the S&P500. Over the past 52 weeks, RIME has reached a high of $33.14, while it has fallen to a 52-week low of $0.83. The 50-Day Moving Average of the stock is -41.14%, while the 200-Day Moving Average is calculated to be -58.22%.
Shares Statistics:
RIME traded an average of 499.52K shares per day over the past three months and 1872910 shares per day over the past ten days. A total of 2.64M shares are outstanding, with a floating share count of 2.14M. Insiders hold about 21.31% of the company’s shares, while institutions hold 3.27% stake in the company. Shares short for RIME as of 1767139200 were 74999 with a Short Ratio of 0.15, compared to 1764288000 on 159032. Therefore, it implies a Short% of Shares Outstanding of 74999 and a Short% of Float of 2.78.
Earnings Estimates
Analysts are recommending an EPS of between -$5.19 and -$5.19 for the fiscal current year, implying an average EPS of -$5.19. EPS for the following year is -$1.43, with 1.0 analysts recommending between -$1.43 and -$1.43.
