The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a strong stock market performance and outperforming fundamentals, the technicals don't support the current trend. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Algorhythm Holdings Inc's Score
Industry at a Glance
Industry Ranking
26 / 37
Overall Ranking
369 / 4706
Industry
Computers, Phones & Household Electronics
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Buy
Current Rating
5.000
Target Price
+83.15%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Algorhythm Holdings Inc Highlights
StrengthsRisks
Algorhythm Holdings, Inc., formerly The Singing Machine Company, Inc., is a holding company with two primary investments. The Company owns SemiCab Holdings, which is engaged in an artificial intelligence (AI)-enabled global logistics industry. It owns The Singing Machine Company, which is engaged in the consumer karaoke industry. SemiCab is a cloud-based collaborative transportation platform built to achieve the scalability required to predict and optimize millions of loads and hundreds of thousands of trucks. To orchestrate collaboration across manufacturers, retailers, distributors, and their carriers, SemiCab uses real-time data from API-based load tendering and pre-built integrations with TMS and ELD partners. It designs and distributes a range of at-home and in-car karaoke entertainment products. Its portfolio is marketed under both proprietary brands and popular licenses, including Carpool Karaoke and Sesame Street. It is also developing a fully integrated in-car karaoke system.
Growing
The company is in a growing phase, with the latest annual income totaling USD 23.49M.
Overvalued
The company’s latest PB is 1.65, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 82.24K shares, decreasing 55.70% quarter-over-quarter.
Algorhythm Holdings, Inc., formerly The Singing Machine Company, Inc., is a holding company with two primary investments. The Company owns SemiCab Holdings, which is engaged in an artificial intelligence (AI)-enabled global logistics industry. It owns The Singing Machine Company, which is engaged in the consumer karaoke industry. SemiCab is a cloud-based collaborative transportation platform built to achieve the scalability required to predict and optimize millions of loads and hundreds of thousands of trucks. To orchestrate collaboration across manufacturers, retailers, distributors, and their carriers, SemiCab uses real-time data from API-based load tendering and pre-built integrations with TMS and ELD partners. It designs and distributes a range of at-home and in-car karaoke entertainment products. Its portfolio is marketed under both proprietary brands and popular licenses, including Carpool Karaoke and Sesame Street. It is also developing a fully integrated in-car karaoke system.