On Friday, Roadzen Inc (NASDAQ: RDZN) opened higher 14.52% from the last session, before settling in for the closing price of $0.9. Price fluctuations for RDZN have ranged from $0.68 to $2.99 over the past 52 weeks.
Company’s average yearly earnings per share was noted 92.31% at the time writing. With a float of $44.96 million, this company’s outstanding shares have now reached $74.29 million.
Roadzen Inc (RDZN) Insider Updates
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Roadzen Inc is 40.91%, while institutional ownership is 5.30%. The most recent insider transaction that took place on Mar 12 ’25, was worth 2,507. In this transaction an insider of this company bought 2,300 shares at a rate of $1.09, taking the stock ownership to the 807,837 shares. Before that another transaction happened on Mar 06 ’25, when Company’s insider bought 16,750 for $1.06, making the entire transaction worth $17,755. This insider now owns 803,537 shares in total.
Roadzen Inc (RDZN) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.32 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.35) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 92.31% per share during the next fiscal year.
Roadzen Inc (NASDAQ: RDZN) Trading Performance Indicators
Check out the current performance indicators for Roadzen Inc (RDZN). In the past quarter, the stock posted a quick ratio of 0.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.41, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach 0.10 in one year’s time.
Technical Analysis of Roadzen Inc (RDZN)
Roadzen Inc (NASDAQ: RDZN) saw its 5-day average volume 0.33 million, a negative change from its year-to-date volume of 0.33 million. As of the previous 9 days, the stock’s Stochastic %D was 59.80%.
During the past 100 days, Roadzen Inc’s (RDZN) raw stochastic average was set at 34.20%, which indicates a significant decrease from 87.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0676 in the past 14 days, which was lower than the 0.1014 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0363, while its 200-day Moving Average is $1.1745. Nevertheless, the first resistance level for the watch stands at $1.0876 in the near term. At $1.1451, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.2303. If the price goes on to break the first support level at $0.9449, it is likely to go to the next support level at $0.8597. Assuming the price breaks the second support level, the third support level stands at $0.8022.
Roadzen Inc (NASDAQ: RDZN) Key Stats
There are currently 76,022K shares outstanding in the company with a market cap of 78.30 million. Presently, the company’s annual sales total 44,300 K according to its annual income of -72,870 K. Last quarter, the company’s sales amounted to 10,870 K and its income totaled -4,010 K.
