Algorhythm Holdings Inc (NASDAQ:RIME) currently has a daily average trading volume of 86.37M but it saw 122511538 shares traded in last market. With a market cap of 2.30M USD, the company’s current market price of $0.02 came falling about -6.15 while comparing to the previous closing price of $0.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.97 and as low as $0.03. In the recent trading on the day, stock has struck highest price mark of $0.023 while lowest mark touched by it was $0.026.
Taking a look at 20-day trading activity of Algorhythm Holdings Inc (RIME) gives us an average price of $0.0768, while its current price level is -98.76% below from 52-week high level whereas it is -2.79% 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 $0.1200 while that of 200 days or SMA-200 reads an average of $0.6166. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.98% during that period while stretching the period over a month that increases to 27.06%. 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 33.74 which implies that the stock is in neutral territory.
Over the week, RIME’s stock price is moving -28.45% down while it is -70.92% when we observe its performance for the past one month. Year-to-date it is -72.27% down and over the past year, the stock is showing a downside performance of -96.42%.
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 0.24. Stock has a price to book (P/B) ratio of 0.08 while price to sale or P/S ratio amounts to 0.07.
