Ryde Group Ltd. [AMEX: RYDE] traded at a high on Monday, posting a 17.02 gain after which it closed the day’ session at $20.28.
The results of the trading session contributed to over 5489685 shares changing hands. Over the past one week, the price volatility of Ryde Group Ltd. stands at 37.02% while the volatility over the past one month is 15.96%.
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 market cap for RYDE stock reached $423.45 million, with 15.57 million shares outstanding and 9.14 million shares in the current float. Compared to the average trading volume of 276.86K shares, RYDE reached a trading volume of 5489685 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Ryde Group Ltd. [RYDE]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RYDE shares is $9.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RYDE stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Ryde Group Ltd. is set at 1.79, with the Price to Sales ratio for RYDE stock in the period of the last 12 months amounting to 65.55.
How has RYDE stock performed recently?
Ryde Group Ltd. [RYDE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 180.89. With this latest performance, RYDE shares gained by 191.80% in over the last four-week period, additionally plugging by 284.70% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RYDE stock in for the last two-week period is set at 86.49, with the RSI for the last a single of trading hit 90.64, and the three-weeks RSI is set at 82.60 for Ryde Group Ltd. [RYDE]. The present Moving Average for the last 50 days of trading for this stock 7.92, while it was recorded at 13.30 for the last single week of trading.
Ryde Group Ltd. [RYDE]: Deeper insight into the fundamentals
Ryde Group Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.19 and a Current Ratio set at 0.19.
