Ryde Group Ltd. (RYDE)

NYSEAMERICAN: RYDE · IEX Real-Time Price · USD
6.10
+0.28 (4.81%)
Jul 2, 2024, 3:59 PM EDT - Market closed
4.81%
Market Cap 98.29M
Revenue (ttm) 6.39M
Net Income (ttm) -9.46M
Shares Out 16.11M
EPS (ttm) -0.74
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 168,199
Open 6.17
Previous Close 5.82
Day's Range 5.81 - 6.17
52-Week Range 2.02 - 11.00
Beta n/a
Analysts Strong Buy
Price Target 9.00 (+47.54%)
Earnings Date Aug 14, 2024

About RYDE

Ryde Group Ltd provides mobility and quick commerce solutions in Singapore. The company's Mobility segment provides on-demand and scheduled carpooling and ride-hailing services. Its Quick Commerce segment offers real-time on-demand, scheduled, and multi-stop parcel delivery services. It also operates RydePay, a digital payments solution that allows users to pay and top-up by card and to pay by RydeCoins; and Ryde+, a value subscription plan service. The company was founded in 2014 and is headquartered in Singapore. [Read more]

Sector Technology
IPO Date Mar 6, 2024
Employees 34
Stock Exchange NYSEAMERICAN
Ticker Symbol RYDE
Full Company Profile

Financial Performance

In 2023, Ryde Group's revenue was 8.67 million, a decrease of -1.79% compared to the previous year's 8.83 million. Losses were -12.83 million, 160.6% more than in 2022.

Financial numbers in SGD Financial Statements

Analyst Forecast

According to one analyst, the rating for RYDE stock is "Strong Buy" and the 12-month stock price forecast is $9.0.

Price Target
$9.0
(47.54% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ryde Group Ltd partners with Mobile-health Network Solutions

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) ("Ryde" or "the Company"), a leading technology platform for mobility and quick commerce, today announced a partnership with Mobile-hea...

Other symbols: MNDR
5 days ago - Business Wire

NOG Announces Joint Acquisition with SM Energy; Entering the Uinta Basin with the Largest Transaction in Company History; Highly Accretive to Key Financial Metrics

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Joint Acquisition with SM Energy; Entering Uinta Basin with Largest Transaction in NOG History;Highly Accretive to Key Financial Metrics.

5 days ago - Business Wire

Ryde Group Ltd Listing on the Quotation Board of the Frankfurt and Stuttgart Stock Exchange

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) ("Ryde" or the “Company"), a leading technology platform for mobility and quick commerce headquartered in Singapore, is pleased to anno...

25 days ago - Business Wire

Ryde Supercharges Mobility with AI-Driven App Revamp

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (“Ryde” or “the Company”) (NYSE American: RYDE), a leading technology company in Singapore offering super mobility and quick commerce solutions, is pleased t...

6 weeks ago - Business Wire

Ryde Group Ltd Rings the New York Stock Exchange (“NYSE”) Closing Bell on April 4, 2024

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd today announced that its senior management team and guests participated in the New York Stock Exchange closing bell ceremony in person.

3 months ago - Business Wire

Ryde Makes History as Singapore's First Ride-Hailing Startup to IPO on NYSE

SINGAPORE--(BUSINESS WIRE)--Ryde, a leading technology platform for mobility and quick commerce, makes history as Singapore's First Ride-Hailing Startup to IPO on NYSE.

4 months ago - Business Wire

Ryde Group Ltd Announces Closing of Initial Public Offering

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd, a leading technology platform for mobility and quick commerce, announced today the closing of its initial public offering.

4 months ago - Business Wire

Ryde Group Ltd Announces Pricing of Initial Public Offering

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd, a leading technology platform for mobility and quick commerce, announced today the pricing of its initial public offering.

4 months ago - Business Wire

Ticket to ride: Singapore-based ride-hailing app Ryde Group files for a $17 million US IPO

Ryde Group, which operates a ride-hailing app in Singapore, filed on Thursday with the SEC to raise up to $17 million in an initial public offering.

10 months ago - Renaissance Capital

Ryde Group IPO Registration Document (F-1)

Ryde Group has filed to go public with an IPO on the NYSE American.

10 months ago - SEC