Algorhythm Holdings, Inc. (NASDAQ:RIME – Get Free Report)’s share price was down 3.7% during trading on Tuesday . The stock traded as low as $2.51 and last traded at $2.87. Approximately 1,078,069 shares were traded during trading, an increase of 18% from the average daily volume of 913,741 shares. The stock had previously closed at $2.98.
Algorhythm Trading Down 3.7 %
The company’s 50-day simple moving average is $0.14. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.43 and a current ratio of 0.87.
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.
Recommended Stories
- Five stocks we like better than Algorhythm
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- META Stock: Insider Selling Ramps Up—What It Means for Investors
- What is a SEC Filing?
- 3 Chip Stocks Still Trading 50% Below Their 52-Week Highs
- How to Choose Top Rated Stocks
- U.S. Steel: Will Trump-Backed Nippon Investment Drive Upside?
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.
