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Algorhythm Holdings Inc (RIME) is not a strong buy for a beginner investor with a long-term strategy at this time. Despite the significant pre-market price increase, the company's financial performance is weak, with declining net income, EPS, and gross margin. Additionally, there are no strong positive trading signals or catalysts to justify immediate investment. A 'hold' action is recommended until further positive developments or financial improvements are observed.
The MACD is positive and expanding, indicating bullish momentum. RSI is neutral at 63.563, and moving averages are converging, suggesting no clear trend. Key resistance levels are at 1.355 and 1.519, with support at 0.823 and 0.659. The stock has a 60% chance to gain 3.86% in the next month, but short-term trends are not definitive.
The stock is up 13.89% in pre-market trading, indicating short-term bullish sentiment. The MACD suggests positive momentum.
The company's financials show significant declines in net income, EPS, and gross margin. Insiders and hedge funds are neutral, with no significant trading activity. No recent congress trading data or analyst ratings are available.
In 2025/Q3, revenue increased by 1273.23% YoY to $1,744,000. However, net income dropped by -347.87% YoY to -$2,962,000, EPS fell by -104.38% YoY to -1.15, and gross margin declined to -20.13%. Overall, financial performance is weak despite revenue growth.
No recent analyst ratings or price target changes are available for RIME.