For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Roadzen Inc (NASDAQ: RDZN) closed at $0.87 in the last session, down -20.17% from day before closing price of $1.09. In other words, the price has decreased by -$20.17 from its previous closing price. On the day, 0.67 million shares were traded.
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 0.39 and its Current Ratio is at 0.42.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51.
Stock Price History:
Over the past 52 weeks, RDZN has reached a high of $4.00, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is -13.61%, while the 200-Day Moving Average is calculated to be -32.50%.
Shares Statistics:
A total of 71.97M shares are outstanding, with a floating share count of 24.51M. Insiders hold about 67.01% of the company’s shares, while institutions hold 8.83% stake in the company.
