Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Roadzen Inc (NASDAQ: RDZN) was $1.06 for the day, up 3.92% from the previous closing price of $1.02. In other words, the price has increased by $3.92 from its previous closing price. On the day, 0.52 million shares were traded. RDZN stock price reached its highest trading level at $1.14 during the session, while it also had its lowest trading level at $1.02.
Ratios:
Our analysis of RDZN’s different ratios will help us gain a deeper understanding of the company. 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:
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 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RDZN now has a Market Capitalization of 78642456 and an Enterprise Value of 95641160. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84. Its current Enterprise Value per Revenue stands at 2.23 whereas that against EBITDA is -1.128.
Stock Price History:
The Beta on a monthly basis for RDZN is 0.35, which has changed by -0.5225225 over the last 52 weeks, in comparison to a change of 0.12463009 over the same period for the S&P500. Over the past 52 weeks, RDZN has reached a high of $3.28, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is 10.03%, while the 200-Day Moving Average is calculated to be -12.31%.
Shares Statistics:
RDZN traded an average of 286.66K shares per day over the past three months and 373040 shares per day over the past ten days. 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 8.84% stake in the company. Shares short for RDZN as of 1749772800 were 1672296 with a Short Ratio of 5.83, compared to 1747267200 on 1552491. Therefore, it implies a Short% of Shares Outstanding of 1672296 and a Short% of Float of 5.74.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current market rating for Roadzen Inc (RDZN) reflects the collective analysis of 1.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.09 and -$0.09 for the fiscal current year, implying an average EPS of -$0.09. EPS for the following year is $0.09, with 1.0 analysts recommending between $0.09 and $0.09.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $13.53M to a low estimate of $13.53M. As of the current estimate, Roadzen Inc’s year-ago sales were $8.93MFor the next quarter, 1 analysts are estimating revenue of $16.1M. There is a high estimate of $16.1M for the next quarter, whereas the lowest estimate is $16.1M.
A total of 2 analysts have provided revenue estimates for RDZN’s current fiscal year. The highest revenue estimate was $75M, while the lowest revenue estimate was $72.2M, resulting in an average revenue estimate of $73.6M. In the same quarter a year ago, actual revenue was $44.3MBased on 1 analysts’ estimates, the company’s revenue will be $100.02M in the next fiscal year. The high estimate is $100.02M and the low estimate is $100.02M.
