How to Buy Ryde Group Stock
Ryde Group Ltd
Ryde Group is a app company located in Singapore, which is part of the Technology sector, and is traded under the ticker RYDE on the NYSEMKT exchange.
Ryde Group stock last closed at $0.21, down 5.07% from the previous day, and has decreased 94.05% in one year. It has underperformed other stocks in the Software - Application industry by 0.78 percentage points. Ryde Group stock is currently +2.49% from its 52-week low of $0.20, and -99.08% from its 52-week high of $22.49.
As of Apr 21, 2025, there are 20.88M RYDE shares outstanding. The market cap of RYDE is $4.30M. In the past 24 hours, 34,164 RYDE shares were traded.
How to Buy Ryde Group Stock
Wondering how to invest in Ryde Group stock? Here's how.
- Choose where to buy Ryde Group stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Ryde Group stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Select your payment method and add your information.
- Analyze Ryde Group stock: The Ryde Group ticker symbol is RYDE. Is Ryde Group stock a good investment? Should you buy shares of RYDE? How do RYDE's underlying business fundamentals look? Do top analysts think Ryde Group is a good buy? Why has RYDE's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if RYDE is a good stock to buy).
- Place your RYDE buy order: Decide if you will purchase RYDE shares at the current market price or use a limit order to purchase RYDE shares at a given price.
- Track your investment in RYDE: Create a watchlist to important notifications about your investment in Ryde Group stock.
Step 1: Choose where to buy Ryde Group stock
You need a brokerage account in order to access the NYSEMKT market and buy RYDE stock.
Our recommended brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
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- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal details so you are able to invest in RYDE today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create a new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on our top ranked stock trading app, your next step is to transfer the money for your investment:
Check out the video below if you need help transferring funds into your brokerage account.
Step 4: Analyze Ryde Group stock
After you have decided on the best place to buy Ryde Group stock, it's critical to evaluate their stock before you invest, so you can understand the risk and upside.
Ryde Group shares quick numbers
RYDE Overview
WallStreetZen was designed to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on RYDE's stock page.
How is RYDE stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge RYDE's true value.
Using relative valuations measures:
- RYDE could be undervalued based on its P/B ratio of 1.77x, relative to Software - Application industry P/B ratio of 6.17x
You can access additional valuation analysis on RYDE's stock here.
Is RYDE a healthy company?
Signs that RYDE is financially healthy:
- There are more short-term assets than long-term liabilities on the RYDE balance sheet.
- There are more short-term assets than short-term liabilities on the RYDE balance sheet.
Signs that RYDE is not financially healthy:
- RYDE profit margin has gone down from -58.5% to -286.6% in the past year.
- RYDE has cash burn of 6509848. It does not have enough cash and short-term investments to cover this.
- RYDE has a relatively high debt to equity ratio of 1.53.
- RYDE has $2.25M in cash and short term investments. This is not sufficient to cover its annual cash burn of $6.51M.
RYDE Momentum
RYDE Growth Metrics
Last year, RYDE revenue was $5.92M. Over the past one years, RYDE's revenue has grown by -25.96% per year. This was slower than the Software - Application industry average of 21.43%.
Dive into RYDE's earnings and revenue performance here.
Are RYDE executives and large shareholders buying or selling the stock?
Over the past 12 months, insiders at RYDE have not bought or sold any shares.
Get more info about who owns RYDE stock here.
Can I get consistent income from RYDE stock?
No, Ryde Group doesn't provide an income stream by paying out dividends.
What do other traders have to say about RYDE?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your RYDE buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, place a limit order.
Hit the Open Trade button and eToro will place the order.
If you need additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Track your investment in RYDE
Now that you own some RYDE stock, you'll want to keep up with your new investment.
Add RYDE to a watchlist to monitor your RYDE stock.
RYDE Feed
How to Buy Stock in Ryde Group
To reiterate, here are the 6 steps you need to take to buy Ryde Group stock right now:
- Choose where to buy Ryde Group stock
- Create a brokerage account
- Put funds into your investment account
- Analyze Ryde Group stock
- Place your RYDE buy order
- Track your investment in RYDE
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Ryde Group, add RYDE to your watchlist by clicking the button below.
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