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.
Ryde Group Ltd. (AMEX: RYDE) closed the day trading at $0.65 down -2.57% from the previous closing price of $0.67. In other words, the price has decreased by -$2.57 from its previous closing price. On the day, 0.62 million shares were traded. RYDE stock price reached its highest trading level at $0.68 during the session, while it also had its lowest trading level at $0.6515.
Ratios:
For a better understanding of RYDE, let’s look at 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 17161982 and an Enterprise Value of 15872747. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.11. Its current Enterprise Value per Revenue stands at 1.831 whereas that against EBITDA is -1.387.
Stock Price History:
Over the past 52 weeks, RYDE has reached a high of $22.49, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is -88.63%, while the 200-Day Moving Average is calculated to be -88.73%.
Shares Statistics:
Over the past 3-months, RYDE traded about 1.88M shares per day on average, while over the past 10 days, RYDE traded about 806790 shares per day. A total of 15.57M shares are outstanding, with a floating share count of 9.49M. Insiders hold about 54.55% of the company’s shares, while institutions hold 0.33% stake in the company. Shares short for RYDE as of 1727654400 were 122797 with a Short Ratio of 0.07, compared to 1724976000 on 60802. Therefore, it implies a Short% of Shares Outstanding of 122797 and a Short% of Float of 0.76.
