why Ryde Group Ltd [RYDE] is a Good Choice for Investors After New Price Target of $0.60

Ryde Group Ltd [AMEX: RYDE] closed the trading session at $0.32 on 2025-07-03. The day’s price range saw the stock hit a low of $0.3022, while the highest price level was $0.325101.

The stocks have a year to date performance of -94.45 percent and weekly performance of 11.76 percent. The stock has been moved at -39.08 percent over the last six months. The stock has performed 53.27 percent around the most recent 30 days and changed 20.51 percent over the most recent 3-months.

If compared to the average trading volume of 9.64M shares, RYDE reached to a volume of 356797 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to 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 $0.60 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 Price to Book ratio for the last quarter was 2.92, with the Price to Cash per share for the same quarter was set at 0.15.

RYDE stock trade performance evaluation

Ryde Group Ltd [RYDE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.76. With this latest performance, RYDE shares gained by 53.27% in over the last four-week period, additionally sinking by -39.08% over the last 6 months – not to mention a drop of -29.76% in the past year of trading.

Ryde Group Ltd [RYDE]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Ryde Group Ltd [RYDE] shares currently have an operating margin of -164.81% and a Gross Margin at -97.83%. Ryde Group Ltd’s Net Margin is presently recorded at -207.60%.

Return on Equity for this stock declined to -262.39%, with Return on Assets sitting at -262.39%.

Ryde Group Ltd [RYDE]: Institutional Ownership

There are presently around $1.47%, or 1.94% of RYDE stock, in the hands of institutional investors.

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