At the time of writing, Roadzen Inc [RDZN] stock is trading at $1.78, up 4.71%. An important factor to consider is whether the stock is rising or falling in short-term value. The RDZN shares have gain 11.25% over the last week, with a monthly amount glided 110.85%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Roadzen Inc [NASDAQ: RDZN] stock has seen the most recent analyst activity on May 23, 2024, when Maxim Group initiated its Buy rating and assigned the stock a price target of $10.
For the past year, the stock price of Roadzen Inc fluctuated between $0.71 and $7.17. Roadzen Inc [NASDAQ: RDZN] shares were valued at $1.78 at the most recent close of the market.
Analyzing the RDZN fundamentals
According to Roadzen Inc [NASDAQ:RDZN], the company’s sales were 46.45M for trailing twelve months, which represents an -23.25% plunge. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at -2.59%, Pretax Profit Margin comes in at -473918.95%, and Net Profit Margin reading is -469556.47%. To continue investigating profitability, this company’s Return on Assets is posted at -748523.44, Equity is 2.58 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.5697 points at the first support level, and at 1.3595 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.1051, and for the 2nd resistance point, it is at 2.4303.
Ratios To Look Out For
It is important to note that Roadzen Inc [NASDAQ:RDZN] has a current ratio of 0.38. On the other hand, the Quick Ratio is 0.34, and the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 2.75.
Transactions by insiders
Recent insider trading involved Malhotra Rohan, that happened on Nov 27 ’24 when 797.0 shares were purchased., Malhotra Rohan completed a deal on Nov 29 ’24 to buy 135.0 shares. Meanwhile, Malhotra Rohan bought 3750.0 shares on Nov 22 ’24.
