On Tuesday, Roadzen Inc (NASDAQ: RDZN) was 3.25% up from the session before settling in for the closing price of $2.46. A 52-week range for RDZN has been $0.71 – $7.17.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
When this article was written, the company’s average yearly earnings per share was at 45.80%. With a float of $17.81 million, this company’s outstanding shares have now reached $68.44 million.
Let’s look at the performance matrix of the company that is accounted for 379 employees. In terms of profitability, gross margin is 56.06%, operating margin of -258.71%, and the pretax margin is -47391894.79%.
Roadzen Inc (RDZN) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Roadzen Inc stocks. The insider ownership of Roadzen Inc is 73.97%, while institutional ownership is 7.05%. The most recent insider transaction that took place on Nov 27 ’24, was worth 821. In this transaction an insider of this company bought 797 shares at a rate of $1.03, taking the stock ownership to the 780,707 shares. Before that another transaction happened on Nov 29 ’24, when Company’s insider bought 135 for $1.01, making the entire transaction worth $136. This insider now owns 780,842 shares in total.
Roadzen Inc (RDZN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 45.80% per share during the next fiscal year.
Roadzen Inc (NASDAQ: RDZN) Trading Performance Indicators
You can see what Roadzen Inc (RDZN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.97, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.23 in one year’s time.
Technical Analysis of Roadzen Inc (RDZN)
Roadzen Inc (NASDAQ: RDZN) saw its 5-day average volume 2.05 million, a positive change from its year-to-date volume of 0.66 million. As of the previous 9 days, the stock’s Stochastic %D was 81.54%. Additionally, its Average True Range was 0.42.
During the past 100 days, Roadzen Inc’s (RDZN) raw stochastic average was set at 84.72%, which indicates a significant increase from 80.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 330.44% in the past 14 days, which was higher than the 168.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.21, while its 200-day Moving Average is $2.56. Nevertheless, the first resistance level for the watch stands at $2.67 in the near term. At $2.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.96. If the price goes on to break the first support level at $2.37, it is likely to go to the next support level at $2.19. The third support level lies at $2.07 if the price breaches the second support level.
Roadzen Inc (NASDAQ: RDZN) Key Stats
There are 68,441K outstanding shares of the company, which has a market capitalization of 179.68 million. As of now, sales total 46,720 K while income totals -99,670 K. Its latest quarter income was 11,870 K while its last quarter net income were -21,810 K.
