Algorhythm Holdings Inc (NASDAQ:RIME) currently has a daily average trading volume of 11.24M but it saw 34666648 shares traded in last market. With a market cap of 1.39M USD, the company’s current market price of $0.08 came falling about -13.45 while comparing to the previous closing price of $0.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.97 and as low as $0.09. In the recent trading on the day, stock has struck highest price mark of $0.0732 while lowest mark touched by it was $0.0873.
Taking a look at 20-day trading activity of Algorhythm Holdings Inc (RIME) gives us an average price of $0.1880, while its current price level is -96.18% below from 52-week high level whereas it is -11.93% 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 $0.3158 while that of 200 days or SMA-200 reads an average of $0.7625. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.45% during that period while stretching the period over a month that increases to 17.31%. 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 24.82 which implies that the stock is in oversold territory.
Over the week, RIME’s stock price is moving -17.16% down while it is -78.36% when we observe its performance for the past one month. Year-to-date it is -92.54% down and over the past year, the stock is showing a downside performance of -93.22%.
Currently, Algorhythm Holdings Inc’s total number of outstanding shares is 18.42M. Company’s return on investment (ROI) stands at -286.78%. Stock’s beta reads 0.20. Stock has a price to book (P/B) ratio of 0.25 while price to sale or P/S ratio amounts to 0.04.
