Based on a composite score of 3.50/10, we rate RYDE as a Netural. Our analysis breaks down into 0.58/10 for Fundamentals, 2.88/10 for Technicals, and 7.03/10 for Sentiment, indicating the stock is likely to consolidate sideways.
What is the current technical signals for RYDE?
RYDE presents a Underperform setup with a Technical Score of 2.88/10. Key technical indicators highlight an RSI of 40.52 and a MACD of -0.01, with the trend anchored by the 50-Day SMA at 0.36. Traders should monitor key support at 0.24 and resistance at 0.28.
Is RYDE fundamentally strong?
RYDE scores 0.58/10 on fundamentals and holds a Premium valuation at present. Backed by its -157.06% ROE, -95.14% net margin, -4.51 P/E ratio, 18.92 P/B ratio, and 83.64% earnings growth, these metrics solidify its Underperform investment rating.
What is the market sentiment for RYDE?
RYDE holds a Neutral analyst rating, with 0% of experts assigning a Hold grade. Factoring in net Outflows from order flow data, the comprehensive Sentiment Score stands at 7.03/10 (Outperform).
Should I Buy RYDE Now?
Based on a composite score of 3.50/10, we rate RYDE as a Netural. Our analysis breaks down into 0.58/10 for Fundamentals, 2.88/10 for Technicals, and 7.03/10 for Sentiment, indicating the stock is likely to consolidate sideways.
Is RYDE fundamentally strong?
RYDE scores 0.58/10 on fundamentals and holds a Premium valuation at present. Backed by its -157.06% ROE, -95.14% net margin, -4.51 P/E ratio, 18.92 P/B ratio, and 83.64% earnings growth, these metrics solidify its Underperform investment rating.
What is the current technical signals for RYDE?
RYDE presents a Underperform setup with a Technical Score of 2.88/10. Key technical indicators highlight an RSI of 40.52 and a MACD of -0.01, with the trend anchored by the 50-Day SMA at 0.36. Traders should monitor key support at 0.24 and resistance at 0.28.
What is the market sentiment for RYDE?
RYDE holds a Neutral analyst rating, with 0% of experts assigning a Hold grade. Factoring in net Outflows from order flow data, the comprehensive Sentiment Score stands at 7.03/10 (Outperform).