Algorhythm Holdings, Inc. (NASDAQ:RIME – Get Free Report) shares were up 0.4% on Thursday . The stock traded as high as $2.37 and last traded at $2.29. Approximately 65,016 shares changed hands during trading, a decline of 81% from the average daily volume of 336,215 shares. The stock had previously closed at $2.28.
Algorhythm Price Performance
The company has a current ratio of 0.87, a quick ratio of 0.43 and a debt-to-equity ratio of 0.14. The business’s fifty day moving average is $3.42 and its 200-day moving average is $39.08.
About Algorhythm
Algorhythm Holdings, Inc, together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Australia, the United Kingdom, Europe, and internationally. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; microphone and accessories, and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; connected vehicle karaoke devices; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for hardware.
Featured Articles
- Five stocks we like better than Algorhythm
- Overbought Stocks Explained: Should You Trade Them?
- MarketBeat Week in Review – 03/24 – 03/28
- What is the Nasdaq? Complete Overview with History
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
- How to buy stock: A step-by-step guide for beginners
- 4 Healthcare Stocks With Massive Gains—and More to Come
Receive News & Ratings for Algorhythm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Algorhythm and related companies with MarketBeat.com's FREE daily email newsletter.
