Ryde Group (NYSEAMERICAN:RYDE) Now Covered by Analysts at Maxim Group

Maxim Group began coverage on shares of Ryde Group (NYSEAMERICAN:RYDE) in a research note issued to investors on Tuesday, Benzinga reports. The brokerage issued a buy rating and a $8.00 price target on the stock.

Ryde Group Stock Up 34.5 %

Shares of RYDE opened at $2.73 on Tuesday. Ryde Group has a 52-week low of $2.02 and a 52-week high of $8.12.

About Ryde Group

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.