Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -84.25%. However, over the last six months, the performance has been stronger by -89.68%. The price of RYDE increased 45.45% over the last 30 days. And in the last five days, it has surged by 95.53%.
52-week price history of RYDE Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Ryde Group Ltd’s current trading price is -97.20% away from its 52-week high, while its distance from the 52-week low is 123.89%. The stock’s price range during this time has been between $0.28 and $22.49. The trading volume for the Technology sector company’s shares reached about 5.81 million for the day, which was higher than the average daily volume of 0.85 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Ryde Group Ltd (RYDE) has experienced a quarterly decline of -22.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.65M and boasts a workforce of 34 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.9224, with a change in price of -6.2402. Similarly, Ryde Group Ltd recorded 1,678,200 in trading volume during the last 100 days, posting a change of -90.83%.
RYDE’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for RYDE stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.
RYDE Stock Stochastic Average
Today’s raw stochastic average for Ryde Group Ltd over the last 50 days is 85.06%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 87.41%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 48.15% and 29.67%, respectively.
