Junming Terence Zou Sells 618,750 Shares of Ryde Group (NYSEAMERICAN:RYDE) Stock

Ryde Group Ltd. (NYSEAMERICAN:RYDE – Get Free Report) CEO Junming Terence Zou sold 618,750 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $0.85, for a total transaction of $525,937.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Ryde Group Trading Down 3.1%

Shares of NYSEAMERICAN:RYDE opened at $0.95 on Wednesday. Ryde Group Ltd. has a 1 year low of $0.16 and a 1 year high of $1.55. The firm has a fifty day moving average price of $0.95 and a 200 day moving average price of $0.58.

Get Ryde Group alerts:

Ryde Group (NYSEAMERICAN:RYDE – Get Free Report) last issued its quarterly earnings data on Friday, April 24th. The company reported ($0.12) earnings per share (EPS) for the quarter. The company had revenue of $2.60 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Ryde Group stock. Citadel Advisors LLC boosted its position in shares of Ryde Group Ltd. (NYSEAMERICAN:RYDE – Free Report) by 311.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,709 shares of the company’s stock after acquiring an additional 54,272 shares during the period. Citadel Advisors LLC owned 0.21% of Ryde Group worth $27,000 at the end of the most recent quarter.

Ryde Group Company Profile

(Get Free Report)

Ryde Group Ltd engages in mobility and quick commerce businesses 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. The company was founded in 2014 and is headquartered in Singapore.

Further Reading

• Five stocks we like better than Ryde Group
• HIVE Weaponizes Power for an AI Pivot
• A Deep Dive Into NVIDIA’s Latest Portfolio Moves
• Brady Corp Wires Up a Massive AI-Powered Breakout
• Why Home Depot’s Sell-Off Could Become a Huge Opportunity

Receive News & Ratings for Ryde Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryde Group and related companies with MarketBeat.com's FREE daily email newsletter.