The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -86.02%.However, over the last six months, we can see a stronger performance of -98.21%. Over the last 30 days, the price of RIME has leaped by -14.29%. And in the last five days, it has surged by 25.51%.
Algorhythm Holdings Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $394.00 on 06/10/24 and the lowest value was $1.71 on 03/04/25.
52-week price history of RIME Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Algorhythm Holdings Inc’s current trading price is -99.38% away from its 52-week high, while its distance from the 52-week low is 43.76%. The stock’s price range during this period has varied between$1.71 and $394.00. The Algorhythm Holdings Inc’s shares, which operate in the Technology, saw a trading volume of around 0.62 million for the day, a figure considerably lower than their average daily volume of 0.69 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Algorhythm Holdings Inc (RIME) has experienced a quarterly decline of -89.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.86M.
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 27.27, with a change in price of -77.54. Similarly, Algorhythm Holdings Inc recorded 441,073 in trading volume during the last 100 days, posting a change of -96.93%.
RIME’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 RIME stands at 0.39. Similarly, the long-term debt-to-equity ratio is also 0.13.
RIME Stock Stochastic Average
Algorhythm Holdings Inc’s raw stochastic average for the past 50 days is presently 1.13%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 52.41%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 38.88% and 31.23%, respectively.
