Ryde Group Ltd’s Market Journey: Closing Weak at 0.41, Down -4.64

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The closing price of Ryde Group Ltd (AMEX: RYDE) was $0.41 for the day, down -4.64% from the previous closing price of $0.43. In other words, the price has decreased by -$4.64 from its previous closing price. On the day, 0.13 million shares were traded. RYDE stock price reached its highest trading level at $0.4211 during the session, while it also had its lowest trading level at $0.405.

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 1.49 and its Current Ratio is at 1.49. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 11383488 and an Enterprise Value of 5371289. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 3.64. Its current Enterprise Value per Revenue stands at 0.688 whereas that against EBITDA is -0.249.

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 $0.40. The 50-Day Moving Average of the stock is -37.91%, while the 200-Day Moving Average is calculated to be -91.51%.

Shares Statistics:

RYDE traded an average of 2.05M shares per day over the past three months and 232280 shares per day over the past ten days. A total of 15.57M shares are outstanding, with a floating share count of 14.90M. Insiders hold about 43.33% of the company’s shares, while institutions hold 0.87% stake in the company. Shares short for RYDE as of 1731628800 were 232669 with a Short Ratio of 0.11, compared to 1728950400 on 443388. Therefore, it implies a Short% of Shares Outstanding of 232669 and a Short% of Float of 1.45000005.

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