Algorhythm Holdings, Stock Today
| RIME Stock | 0.22 0.01 4.35% |
Performance0 of 100
| Odds Of DistressOver 69
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Algorhythm Holdings, is trading at 0.22 as of the 30th of November 2024, a 4.35% down since the beginning of the trading day. The stock's lowest day price was 0.21. Algorhythm Holdings, has more than 69 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Algorhythm Holdings, symbol was changed from MICS on 9th of September 2024. Equity ratings for Algorhythm Holdings, are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Consumer Durables & Apparel | IPO Date 6th of January 2016 | Category Technology | Classification Consumer Discretionary |
Algorhythm Holdings, is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 9.74 M outstanding shares of which 169.78 K shares are at this time shorted by private and institutional investors with about 0.14 trading days to cover. More on Algorhythm Holdings,
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Algorhythm Stock Highlights
| Older Symbol | MICS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| CEO Director | Gary Atkinson | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Recreation (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Leisure Products, Consumer Durables & Apparel, Consumer Discretionary, NASDAQ Composite, Recreation, Consumer Discretionary, Leisure Products, Internet Content & Information, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Algorhythm Holdings, can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Algorhythm Holdings,'s financial leverage. It provides some insight into what part of Algorhythm Holdings,'s total assets is financed by creditors.
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Algorhythm Holdings, (RIME) is traded on NASDAQ Exchange in USA. It is located in 6301 NW 5th Way, Fort Lauderdale, FL, United States, 33309 and employs 27 people. Algorhythm Holdings, was previously known as The Singing Machine and was traded on NASDAQ Exchange under the symbol MICS. Algorhythm Holdings, is listed under Leisure Products category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.35 M. Algorhythm Holdings, conducts business under Leisure Products sector and is part of Consumer Discretionary industry. The entity has 9.74 M outstanding shares of which 169.78 K shares are at this time shorted by private and institutional investors with about 0.14 trading days to cover.
Algorhythm Holdings, generates negative cash flow from operations
Check Algorhythm Holdings, Probability Of Bankruptcy
Ownership AllocationAlgorhythm Holdings, retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares.
Check Algorhythm Ownership Details
Algorhythm Holdings, Historical Income Statement
Algorhythm Stock Against Markets
Algorhythm Holdings, Corporate Executives
Elected by the shareholders, the Algorhythm Holdings,'s board of directors comprises two types of representatives: Algorhythm Holdings, inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Algorhythm. The board's role is to monitor Algorhythm Holdings,'s management team and ensure that shareholders' interests are well served. Algorhythm Holdings,'s inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Algorhythm Holdings,'s outside directors are responsible for providing unbiased perspectives on the board's policies.
| Richard Perez | CFO Controller | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Algorhythm Holdings,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Algorhythm Stock refer to our How to Trade Algorhythm Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Algorhythm Holdings,. If investors know Algorhythm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Algorhythm Holdings, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.27) | Revenue Per Share 5.97 | Quarterly Revenue Growth (0.07) |
The market value of Algorhythm Holdings, is measured differently than its book value, which is the value of Algorhythm that is recorded on the company's balance sheet. Investors also form their own opinion of Algorhythm Holdings,'s value that differs from its market value or its book value, called intrinsic value, which is Algorhythm Holdings,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Algorhythm Holdings,'s market value can be influenced by many factors that don't directly affect Algorhythm Holdings,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Algorhythm Holdings,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Algorhythm Holdings, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algorhythm Holdings,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.