Ryde Group Ltd. (NYSE: RYDE) - Testing Support Levels




Singapore-based mobility and quick commerce solutions provided Ryde Group Ltd. is seeing a test on the key support level of $0.450 over the shorter term period. The RSI indicator however, is showing an indication of the stock being oversold, which gives out a potential buy-at-low opportunity. Based on our understanding, a recent research report by Maxim Group had given a target price of $2.00 to the company, giving the company a significant potential upside ahead.


We kept a BUY rating for Ryde Group for the next 12 months.

$Ryde Group(RYDE)$  

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  • GimaGO
    ·2024-11-07
    Will it be delisted if it is below par $1 value?
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