Algorhythm Holdings Inc (NASDAQ:RIME) currently has a daily average trading volume of 658.23K but it saw 983172 shares traded in last market. With a market cap of 6.86M USD, the company’s current market price of $2.88 came rising about 6.67 while comparing to the previous closing price of $2.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $394.00 and as low as $2.41.
Taking a look at 20-day trading activity of Algorhythm Holdings Inc (RIME) gives us an average price of $4.34, while its current price level is -99.27% below from 52-week high level whereas it is 19.50% 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 $12.73 while that of 200 days or SMA-200 reads an average of $110.97. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.39% during that period while stretching the period over a month that increases to 15.48%. 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 32.85 which implies that the stock is in neutral territory.
Over the week, RIME’s stock price is moving -3.03% down while it is -58.38% when we observe its performance for the past one month. Year-to-date it is -83.64% down and over the past year, the stock is showing a downside performance of -97.91%.
The company is expected to be releasing its next quarterly report in March, 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 2.38M with 3.19% of that held by the insiders while 0.09% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -286.78%. Stock’s beta reads 0.06. Stock has a price to book (P/B) ratio of 0.05 while price to sale or P/S ratio amounts to 0.21.
