Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Ryde Group Ltd (AMEX: RYDE) was $0.31 for the day, up 2.70% from the previous closing price of $0.3. In other words, the price has increased by $2.70% from its previous closing price. On the day, 2.35 million shares were traded. RYDE stock price reached its highest trading level at $0.3248 during the session, while it also had its lowest trading level at $0.27.
Ratios:
Our analysis of RYDE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.03 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 8898240 and an Enterprise Value of 3436425. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 2.82. Its current Enterprise Value per Revenue stands at 0.384 whereas that against EBITDA is -0.189.
Stock Price History:
The Beta on a monthly basis for RYDE is 2.17, which has changed by -0.9397683 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, RYDE has reached a high of $22.49, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is 34.41%, while the 200-Day Moving Average is calculated to be -63.24%.
Shares Statistics:
RYDE traded an average of 9.38M shares per day over the past three months and 58706420 shares per day over the past ten days. A total of 22.75M shares are outstanding, with a floating share count of 16.06M. Insiders hold about 38.92% of the company’s shares, while institutions hold 1.55% stake in the company. Shares short for RYDE as of 1748563200 were 84744 with a Short Ratio of 0.01, compared to 1745971200 on 82722. Therefore, it implies a Short% of Shares Outstanding of 84744 and a Short% of Float of 0.53.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
