With 0.17 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.86 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $0.521 whereas the lowest price it dropped to was $0.4765. The 52-week range on RYDE shows that it touched its highest point at $22.49 and its lowest point at $0.28 during that stretch. It currently has a 1-year price target of $1.97.
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 RYDE was down-trending over the past week, with a drop of -1.29%, but this was up by 38.42% over a month. Three-month performance dropped to -26.95% while six-month performance fell -92.76%. A look at the trailing 12-month EPS for RYDE yields -0.95 with Next year EPS estimates of -0.10. For the next quarter, that number is -0.06. This implies an EPS growth rate of 49.18% for this year and 35.00% for next year.
Float and Shares Shorts:
At present, 17.34 million RYDE shares are outstanding with a float of 14.90 million shares on hand for trading. On 2024-12-31, short shares totaled 1.05 million, which was 398.00000000000006 higher than short shares on 1732838400. In addition to Mr. Zou Junming Terence as the firm’s Founder, Chairman & CEO, Mr. Lang Chen Fei serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.01 of RYDE’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RYDE since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With RYDE analysts setting a high price target of 1.9387943 and a low target of 1.9387943, the average target price over the next 12 months is 1.9387943. Based on these targets, RYDE could surge 287.76% to reach the target high and rise by 287.76% to reach the target low. Reaching the average price target will result in a growth of 287.76% from current levels.
Analysts have provided yearly estimates in a range of -$0.1464 being high and -$0.1464 being low. For RYDE, this leads to a yearly average estimate of -$0.1464. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
