Ryde Group Ltd (RYDE)

NYSEAMERICAN: RYDE · IEX Real-Time Price · USD
7.75
-1.17 (-13.12%)
May 10, 2024, 4:00 PM EDT - Market closed
-13.12%
Market Cap 148.13M
Revenue (ttm) 6.40M
Net Income (ttm) -9.47M
Shares Out 19.11M
EPS (ttm) -0.74
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 333,119
Open 8.99
Previous Close 8.92
Day's Range 6.75 - 8.99
52-Week Range 2.02 - 9.05
Beta n/a
Analysts Strong Buy
Price Target 9.00 (+16.13%)
Earnings Date May 21, 2024

About RYDE

Ryde Group Ltd provides provide mobility and quick commerce solutions in Singapore. The Mobility segment provides on-demand and scheduled carpooling and ride-hailing services. The Quick Commerce segment offers real-time on-demand, scheduled, and multi-stop parcel delivery services. It also operates 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
(16.13% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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.

5 weeks 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.

2 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.

2 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.

2 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.

9 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.

9 months ago - SEC