The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Ryde Group Ltd (AMEX: RYDE) closed at $0.48 in the last session, down -9.43% from day before closing price of $0.53. In other words, the price has decreased by -$9.43 from its previous closing price. On the day, 2.51 million shares were traded. RYDE stock price reached its highest trading level at $0.5247 during the session, while it also had its lowest trading level at $0.4607.
Ratios:
We take a closer look at RYDE’s different ratios to gain a better understanding of the stock. 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 12619104 and an Enterprise Value of 6772490. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.33 while its Price-to-Book (P/B) ratio in mrq is 4.23. Its current Enterprise Value per Revenue stands at 0.867 whereas that against EBITDA is -0.314.
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 $0.44. The 50-Day Moving Average of the stock is -82.37%, while the 200-Day Moving Average is calculated to be -90.71%.
Shares Statistics:
According to the various share statistics, RYDE traded on average about 2.00M shares per day over the past 3-months and 474080 shares per day over the past 10 days. 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 0.40% stake in the company. Shares short for RYDE as of 1728950400 were 443388 with a Short Ratio of 0.22, compared to 1726185600 on 501073. Therefore, it implies a Short% of Shares Outstanding of 443388 and a Short% of Float of 2.76.
