Roadzen, Inc.

NASDAQ:RDZN

$1.52 USD

-$0.05 (-3.18%)

Volume
195.79K
Average Volume
540.08K
Market Capitalization
$112.77M
P/E Ratio
0.00
Dividend Yield
0.00%
Price Target
$
Year High
$7.17
Year Low
$0.71
Payout Ratio
$0.00
Current Ratio
$0.38

Industry, Sector & symbol

Stock Exchange NASDAQ Global Market
CEO Mr. Rohan Malhotra
Industry Software - Application
Sector Technology
Current Symbol RDZN
CUSIP None
CIK 0001868640
Web https://www.roadzen.io
Phone None
Currency USD
Employees 368
Country IN

Liquidity

Debt-to-Equity Ratio -0.73
Payout Ratio 0.00
Current Ratio 0.38
Quick Ratio 0.38
Cash Ratio 0.10

Sales & Book Value

Annual Sales $46.72M
Price / Sales 2.43
Cash Flow 478.27
Price / Cash Flow 0.00
Price / Book -3.08

Price Target and Rating

Average Stock Price Forecast $
High Stock Price Forecast $
Low Stock Price Forecast $
Forecast Upside/Downside %
Consensus Rating Sell
Rating Score(0-5) 2
Research Coverage 0 Analysts

Profitability

EPS (Most Recent Fiscal Year) $-2.26
Trailing P/E Ratio 0.00
PEG Ratio 0.00
P/E Growth 0.00
Net Income $-99.67M
Net Margin -46955647.11%
Pretax Margin -47391894.79%
Return on Equity 112764577.99%
Return on Assets -74852344.24%

Financials Score

AltmanZ Score -24.89
Piotroski Score 2.00
Working Capital -38M
Total Assets 29.14M
Ebit -135.64M
Market Cap 113.51M
Total Liabilities 63.42M

Poll Results

About Roadzen, Inc. (NASDAQ:RDZN) Stock

RoadZen, lnc. provides an online on-demand roadside assistance services with a network of towing and roadside repair providers in India. The company suite enables Insurers and Automotive OEMs with real-time customer interactions, rapid claims processing, and better risk underwriting services. It also offers services in the areas of towing and removal, battery jumpstart, flat tire support, locked out/lost keys, fuel problems, and roadside assistance. The company was incorporated in 2015 and is based in New Delhi, India. ...

Roadzen Inc. Announces Closing of Public Offering

2025-01-06 16:05:00

NEW YORK, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN), (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced the closing of its previously announced public offering of 2,222,300 ordinary shares (the “Offering”) on a best efforts basis at a public offering price of $2.25 per share, for gross proceeds of $5,000,175, before deducting placement agent discounts, commissions and Offering expenses. All of the ordinary shares were sold by the Company.

Roadzen Inc. Announces Pricing of Offering

2025-01-03 02:26:00

NEW YORK, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN), (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced the pricing of a best-efforts offering of 2,222,300 ordinary shares at a public offering price of $2.25 per share, for gross proceeds of approximately $5,000,000, before deducting placement agent fees and offering expenses. All of the ordinary shares are being offered by the Company. The offering is expected to close on January 6, 2025, subject to satisfaction of customary closing conditions.

Roadzen Partners with Simple Energy and a Leading Global Reinsurer to Provide AI-Driven Extended Warranty for Electric Two-Wheelers

2024-12-31 09:25:00

NEW YORK, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced its partnership with Simple Energy, a new-age player building high-range electric two-wheelers, and a leading global reinsurer to offer extended warranties for Simple Energy's vehicles. The reinsurer provides the underwriting capacity and is responsible for paying claims.

Roadzen's drivebuddyAI Partners with Bosch to Advance AI-Driven Road Safety

2024-12-19 10:53:00

Partnership expands global opportunity for Roadzen's AI-powered ADAS and DMS platform for Fleets and OEMs Partnership expands global opportunity for Roadzen's AI-powered ADAS and DMS platform for Fleets and OEMs

Roadzen Expands its AI Based Claims Contract with One of the Top 10 P&C Insurers in India

2024-12-18 09:15:00

NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced that its existing client National Insurance Company Ltd. (“NICL”) has expanded the geographical scope for Roadzen's AI powered XClaim Product. NICL has a total of 34 Regional Offices, of which 10 joined Roadzen's AI-powered XClaim platform. Based upon strong performance, NICL has expanded its contract with Roadzen to include an additional 4 regional offices, effective January 1, 2025.

Frequently Asked Questions

What is the current Roadzen, Inc. (RDZN) stock price?

Roadzen, Inc.(NASDAQ:RDZN) stock price is $1.52 in the last trading session. During the trading session, RDZN stock reached the peak price of $7.17 while $0.71 was the lowest point it dropped to. The percentage change in RDZN stock occurred in the recent session was --3.18% while the dollar amount for the price change in RDZN stock was -$-0.05.

RDZN's industry and sector of operation?

The NASDAQ listed RDZN is part of Software - Application industry that operates in the broader Technology sector.

Who are the executives of RDZN?

Mr. Jean-Noel Gallardo | Chief Financial Officer
Sanya Soni | Chief of Staff
Mr. Bruce M. Goldberg J.D. | General Counsel
Mr. Rohan Malhotra | Founder, Chief Executive Officer & Director
Mr. Ankur Kamboj | Chief Operating Officer

How many employees does RDZN have?

Number of RDZN employees currently stands at 368. RDZN operates from None, New Delhi, None None, IN.

Link for RDZN official website?

Official Website of RDZN is: https://www.roadzen.io

How do I contact RDZN?

RDZN could be contacted at phone #None and can also be accessed through its website. RDZN operates from None, New Delhi, None None, IN.

How many shares of RDZN are traded daily?

The average number of RDZN shares traded daily for last 3 months was 540.08K.

What is the market cap of RDZN currently?

The market value of RDZN currently stands at $112.77M with its latest stock price at $1.52