Roadzen Inc [RDZN] stock is trading at $1.05, up 1.94%. An important factor to consider is whether the stock is rising or falling in short-term value. The RDZN shares have gain 26.13% over the last week, with a monthly amount glided 7.42%, 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 [RDZN] stock has fluctuated between $0.68 and $2.99 over the past year. Roadzen Inc [NASDAQ: RDZN] shares were valued at $1.05 at the most recent close of the market.
Analyzing the RDZN fundamentals
Roadzen Inc [NASDAQ:RDZN] reported sales of 46.23M for the trailing twelve months, which represents a growth of 21.65%. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at -0.71%, Pretax Profit Margin comes in at -0.62%, and Net Profit Margin reading is -0.62%. To continue investigating profitability, this company’s Return on Assets is posted at -0.86, Equity is 0.97 and Total Capital is 1.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.87.
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 0.9903 points at the first support level, and at 0.9307 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0898, and for the 2nd resistance point, it is at 1.1297.
Ratios To Look Out For
For context, Roadzen Inc’s Current Ratio is 0.45. On the other hand, the Quick Ratio is 0.42, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.73.
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.
