Ryde Group (NYSEAMERICAN:RYDE) Stock Price Up 9.8% – Time to Buy?

Ryde Group Ltd. (NYSEAMERICAN:RYDEGet Free Report)’s share price traded up 9.8% during trading on Thursday . The stock traded as high as $0.52 and last traded at $0.51. 740,041 shares traded hands during trading, a decline of 26% from the average session volume of 995,735 shares. The stock had previously closed at $0.46.

Ryde Group Trading Up 2.0 %

Hedge Funds Weigh In On Ryde Group

A hedge fund recently bought a new stake in Ryde Group stock. XTX Topco Ltd purchased a new stake in Ryde Group Ltd. (NYSEAMERICAN:RYDEFree Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 24,486 shares of the company’s stock, valued at approximately $149,000. XTX Topco Ltd owned 0.13% of Ryde Group as of its most recent SEC filing.

About Ryde Group

(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.

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