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NASDAQ:RDZN

Roadzen (RDZN) Stock Price, News & Analysis

Roadzen logo
$2.46 +0.41 (+20.00%)
(As of 12/20/2024 05:40 PM ET)

About Roadzen Stock (NASDAQ:RDZN)

Key Stats

Today's Range
$1.74
$2.50
50-Day Range
$0.78
$2.60
52-Week Range
$0.71
$7.17
Volume
4.27 million shs
Average Volume
665,441 shs
Market Capitalization
$168.36 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00
Consensus Rating
Buy

Company Overview

Roadzen, Inc., an insurtech company, provides various insurance products in the United States and internationally. It offers insurance as a service platform, including Via, which enables fleets, carmakers, and insurers to inspect a vehicle using computer vision; Global Distribution Network that enables the configuration, customer quote, payment, and administration of any insurance policy with any insurance carrier as the underwriter; xClaim, which enables digital, touchless, and real-time resolution of claims; StrandD, a digital, real-time dispatch, and tracking for roadside assistance and first notice of loss during accident claims; Good Driving that enables insurers and fleets to recognize drivers, train drivers, and build usage based insurance programs; and Drivebuddy AI, which provides driver-assistance capabilities. The company also provides insurance distribution platform that enables product creation and underwriting, re-insurer backing, and API exchange; and distribution, pre-inspection assistance, telematics, and roadside assistance. In addition, it offers insurance broker services. Roadzen, Inc. was founded in 2015 and is based in Burlingame, California.

Roadzen Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
47th Percentile Overall Score

RDZN MarketRank™: 

Roadzen scored higher than 47% of companies evaluated by MarketBeat, and ranked 657th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Roadzen has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Roadzen has only been the subject of 2 research reports in the past 90 days.

  • Read more about Roadzen's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Roadzen is -1.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Roadzen is -1.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Percentage of Shares Shorted

    2.43% of the float of Roadzen has been sold short.
  • Short Interest Ratio / Days to Cover

    Roadzen has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Roadzen has recently increased by 2.66%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Roadzen does not currently pay a dividend.

  • Dividend Growth

    Roadzen does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.43% of the float of Roadzen has been sold short.
  • Short Interest Ratio / Days to Cover

    Roadzen has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Roadzen has recently increased by 2.66%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Roadzen has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.72 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Roadzen this week, compared to 1 article on an average week.
  • Search Interest

    3 people have searched for RDZN on MarketBeat in the last 30 days.
  • MarketBeat Follows

    2 people have added Roadzen to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Roadzen insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,583.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Institutions

    Only 24.73% of the stock of Roadzen is held by institutions.

  • Read more about Roadzen's insider trading history.
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RDZN Stock News Headlines

Financial depressing and growth graph stock trading on a background. - stock image
3 Beaten-Down Small Caps Building Momentum for a 2025 Rally (RDZN)
Check out these three stocks that have had a horrible 2024, but whose share prices are turning around as the new year approaches.
Maxim Group Sticks to Its Buy Rating for Roadzen Inc (RDZN)
Cackling Kamala hates this company
Do you want to see one of the most exciting election trades of all time? A trade that could help America become 100% energy independent… Reduce energy costs to virtually zero… And hand investors what could be a stunning return in just a few years’ time? It all has to do with a little known company that is helping to kick off the next great American energy revolution.
Roadzen Inc. Announces Closing of Public Offering
See More Headlines

RDZN Stock Analysis - Frequently Asked Questions

Roadzen's stock was trading at $5.09 on January 1st, 2024. Since then, RDZN stock has decreased by 51.7% and is now trading at $2.46.
View the best growth stocks for 2024 here
.

Roadzen's top institutional investors include Geode Capital Management LLC (0.32%). Insiders that own company stock include Rohan Malhotra and Supurna Vedbrat.
View institutional ownership trends
.

Shares of RDZN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Roadzen investors own include NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Home Depot (HD).

Company Calendar

Today
12/23/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Insurance agents, brokers, & service
Sub-Industry
Insurance
Current Symbol
NASDAQ:RDZN
Previous Symbol
NASDAQ:RDZN
Fax
N/A
Employees
324
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.00
High Stock Price Target
$6.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+103.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-99,670,000.00
Net Margins
-290.14%
Pretax Margin
N/A
Return on Equity
-31,166.20%

Debt

Sales & Book Value

Annual Sales
$46.45 million
Book Value
($10.21) per share

Miscellaneous

Free Float
N/A
Market Cap
$168.36 million
Optionable
Not Optionable
Beta
0.72
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This page (NASDAQ:RDZN) was last updated on 12/23/2024 by MarketBeat.com Staff
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