The trading price of Ryde Group Ltd (AMEX:RYDE) closed higher on Tuesday, July 08, and closing at $0.46, 43.30% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $0.331001 and $0.4829. In examining the 52-week price action we see that the stock hit a 52-week high of $22.49 and a 52-week low of $0.16. Over the past month, the stock has gained 119.68% in value.
Ryde Group Ltd, whose market valuation is $12.09 million at the time of this writing, is expected to release its quarterly earnings report in August. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest RYDE has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned RYDE a recommendation rating is 1. Out of them, 0 rate it a Hold, while 1 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Ryde Group Ltd (RYDE) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that RYDE’s price is currently 62.20% off the SMA20 and 84.65% off the SMA50. The RSI metric on the 14-day chart is currently showing 71.85, and weekly volatility stands at 21.06%. When measured over the past 30 days, the indicator reaches 19.52%. Ryde Group Ltd (AMEX:RYDE)’s beta value is currently sitting at 2.58.
To see how Ryde Group Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: RYDE stock’s performance was 43.30% in the latest trading, and 0.00% in the past year.
An evaluation of the daily trading volume of Ryde Group Ltd (AMEX:RYDE) indicates that the 3-month average is 9.82 million. However, this figure has increased over the past 10 days to an average of 1.37.
Currently, records show that 22.75 million of the company’s shares remain outstanding. The insiders hold 38.92% of outstanding shares, whereas institutions hold 1.55%. The stats also highlight that short interest as of 2025-06-13, stood at 77307.0 shares, resulting in a short ratio of 0.44 at that time. From this, we can conclude that short interest is 48.00 of the company’s total outstanding shares. It is noteworthy that short shares in June were down slightly from the previous month’s figure, which was 0.12 million. However, since the stock’s price has seen -92.87% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
