Algorhythm Holdings Inc (NASDAQ:RIME) currently has a daily average trading volume of 3.57M but it saw 1944922 shares traded in last market. With a market cap of 2.23M USD, the company’s current market price of $0.23 came falling about -24.75 while comparing to the previous closing price of $0.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.97 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $0.2221 while lowest mark touched by it was $0.302.
Taking a look at 20-day trading activity of Algorhythm Holdings Inc (RIME) gives us an average price of $0.3401, while its current price level is -88.38% below from 52-week high level whereas it is -8.76% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4671 while that of 200 days or SMA-200 reads an average of $0.8121. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.87% during that period while stretching the period over a month that decreases to 14.27%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 32.37 which implies that the stock is in neutral territory.
Over the week, RIME’s stock price is moving -24.92% down while it is -42.75% when we observe its performance for the past one month. Year-to-date it is -77.33% down and over the past year, the stock is showing a downside performance of -78.40%.
Currently, Algorhythm Holdings Inc’s total number of outstanding shares is 9.74M. Company’s return on investment (ROI) stands at -287.49%. Stock’s beta reads 0.26. Stock has a price to sale or P/S ratio amounts to 0.07.
