Algorhythm Holdings Inc (NASDAQ:RIME) currently has a daily average trading volume of 56.46M but it saw 192341372 shares traded in last market. With a market cap of 3.99M USD, the company’s current market price of $0.04 came falling about -15.74 while comparing to the previous closing price of $0.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.97 and as low as $0.05. In the recent trading on the day, stock has struck highest price mark of $0.0395 while lowest mark touched by it was $0.0459.
Taking a look at 20-day trading activity of Algorhythm Holdings Inc (RIME) gives us an average price of $0.1008, while its current price level is -97.85% below from 52-week high level whereas it is -11.69% 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 $0.1703 while that of 200 days or SMA-200 reads an average of $0.6551. A closer look into the stock’s movement over the week reveals that its volatility is standing at 26.17% during that period while stretching the period over a month that increases to 32.88%. 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 36.02 which implies that the stock is in neutral territory.
Over the week, RIME’s stock price is moving -74.38% down while it is -45.63% when we observe its performance for the past one month. Year-to-date it is -51.93% down and over the past year, the stock is showing a downside performance of -95.51%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Algorhythm Holdings Inc’s total number of outstanding shares is 94.16M with 26.56% of that held by the insiders while 2.02% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -286.78%. Stock’s beta reads 0.30. Stock has a price to book (P/B) ratio of 0.14 while price to sale or P/S ratio amounts to 0.12.
