Market Insights: Ryde Group Ltd. (RYDE)’s Notable Gain of 19.89, Closing at 8.92

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.

As of close of business last night, Ryde Group Ltd.’s stock clocked out at $8.92, up 19.89% from its previous closing price of $7.44. In other words, the price has increased by $19.89 from its previous closing price. On the day, 0.65 million shares were traded. RYDE stock price reached its highest trading level at $9.05 during the session, while it also had its lowest trading level at $7.45.

Ratios:

To gain a deeper understanding of RYDE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 0.19.

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 170491536 and an Enterprise Value of 147424096. For the stock, the TTM Price-to-Sale (P/S) ratio is 26.39. Its current Enterprise Value per Revenue stands at 17.01 whereas that against EBITDA is -12.88.

Stock Price History:

Over the past 52 weeks, RYDE has reached a high of $8.12, while it has fallen to a 52-week low of $2.02. The 50-Day Moving Average of the stock is 116.73%, while the 200-Day Moving Average is calculated to be 116.73%.

Shares Statistics:

It appears that RYDE traded 328.37K shares on average per day over the past three months and 403180 shares per day over the past ten days. A total of 15.57M shares are outstanding, with a floating share count of 7.72M. Shares short for RYDE as of 1713139200 were 11037 with a Short Ratio of 0.03, compared to 1710460800 on 4748. Therefore, it implies a Short% of Shares Outstanding of 11037 and a Short% of Float of 0.11999999.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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