A share price of Roadzen Inc [RDZN] is currently trading at $1.24, up 19.23%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RDZN shares have gain 18.10% over the last week, with a monthly amount glided 19.23%, and seem to be holding up well over a long-time horizon.
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.
Roadzen Inc experienced fluctuations in its stock price throughout the past year between $0.68 and $2.99. Roadzen Inc [NASDAQ: RDZN] shares were valued at $1.24 at the most recent close of the market.
Analyzing the RDZN fundamentals
Trailing Twelve Months sales for Roadzen Inc [NASDAQ:RDZN] were 44.30M which represents 14.03% growth. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at -1.37%, Pretax Profit Margin comes in at -1.65%, and Net Profit Margin reading is -492370.46%. To continue investigating profitability, this company’s Return on Assets is posted at -669445.22, Equity is 719111.28 and Total Capital is 2.5. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.95.
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 1.1033 points at the first support level, and at 0.9667 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.3333, and for the 2nd resistance point, it is at 1.4267.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Roadzen Inc [NASDAQ:RDZN] is 0.47. As well, the Quick Ratio is 0.44, while the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 2.08.
Transactions by insiders
Recent insider trading involved Malhotra Rohan, that happened on Mar 12 ’25 when 2300.0 shares were purchased., Malhotra Rohan completed a deal on Mar 06 ’25 to buy 16750.0 shares. Meanwhile, Malhotra Rohan bought 2000.0 shares on Mar 07 ’25.
