Algorhythm Holdings Inc (NASDAQ:RIME) currently has a daily average trading volume of 37.95M but it saw 22417343 shares traded in last market. With a market cap of 9.14M USD, the company’s current market price of $0.10 came rising about 10.23 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 $0.07. In the recent trading on the day, stock has struck highest price mark of $0.0868 while lowest mark touched by it was $0.097.
Taking a look at 20-day trading activity of Algorhythm Holdings Inc (RIME) gives us an average price of $0.0923, while its current price level is -95.08% below from 52-week high level whereas it is 33.79% 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 $0.2130 while that of 200 days or SMA-200 reads an average of $0.6962. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.81% during that period while stretching the period over a month that increases to 22.42%. 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 37.25 which implies that the stock is in neutral territory.
Over the week, RIME’s stock price is moving 8.14% up while it is -55.61% when we observe its performance for the past one month. Year-to-date it is 10.23% up and over the past year, the stock is showing a downside performance of -90.40%.
Currently, Algorhythm Holdings Inc’s total number of outstanding shares is 94.16M. Company’s return on investment (ROI) stands at -286.78%. Stock’s beta reads 0.31. Stock has a price to book (P/B) ratio of 0.33 while price to sale or P/S ratio amounts to 0.28.
