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.
After finishing at $0.51 in the prior trading day, Ryde Group Ltd (AMEX: RYDE) closed at $0.49, down -5.83%. In other words, the price has decreased by -$5.83 from its previous closing price. On the day, 0.66 million shares were traded. RYDE stock price reached its highest trading level at $0.5143 during the session, while it also had its lowest trading level at $0.46.
Ratios:
Our goal is to gain a better understanding of RYDE by taking a closer look at its different ratios. 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 12750553 and an Enterprise Value of 6876901. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.25 while its Price-to-Book (P/B) ratio in mrq is 4.27. Its current Enterprise Value per Revenue stands at 0.88 whereas that against EBITDA is -0.319.
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 $0.28. The 50-Day Moving Average of the stock is 7.08%, while the 200-Day Moving Average is calculated to be -88.66%.
Shares Statistics:
The stock has traded on average 919.61K shares per day over the past 3-months and 3439320 shares per day over the last 10 days, according to various share statistics. A total of 17.34M 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 1734048000 were 95081 with a Short Ratio of 0.10, compared to 1731628800 on 232669. Therefore, it implies a Short% of Shares Outstanding of 95081 and a Short% of Float of 0.58999998.
