With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.67 million shares. During the session, the Consumer Electronics company that operates in wider Technology sector, reached to the highest price of $0.275 whereas the lowest price it dropped to was $0.2291. The 52-week range on RIME shows that it touched its highest point at $1.97 and its lowest point at $0.21 during that stretch. It currently has a 1-year price target of $4.00. Beta for the stock currently stands at 0.22.
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
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RIME was up-trending over the past week, with a rise of 3.74%, but this was down by -34.18% over a month. Three-month performance dropped to -46.14% while six-month performance fell -81.99%. The stock lost -73.18% in the past year, while it has lost -75.04% so far this year.
Float and Shares Shorts:
At present, 9.74 million RIME shares are outstanding with a float of 5.39 million shares on hand for trading. On 2024-10-31, short shares totaled 0.23 million, which was 192.99999 higher than short shares on 1727654400. In addition to Mr. Gary Atkinson as the firm’s CEO & Director, Mr. Bernardo Melo serves as its Chief Revenue Officer & Director.
Institutional Ownership:
Through their ownership of 0.02024 of RIME’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, RIME reported revenue of $10622000.0 and operating income of -$2617000.0. The EBITDA in the recently reported quarter was -$2345000.0 and diluted EPS was $0.13.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
