2 weeks Ago By ABMN Staff
Bank of New York Mellon Corp bought a new stake in shares of Roadzen, Inc. ( NASDAQ:RDZN – Free Report ) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 26,801 shares of the company’s stock, valued at approximately $59,000.
Roadzen Stock Down 2.3 % Shares of NASDAQ:RDZN opened at $1.27 on Friday.
Roadzen, Inc. has a 12-month low of $1.20 and a 12-month high of $7.
17. The business’s 50 day moving average is $1.59 and its 200 day moving average is $3.
18. Roadzen ( NASDAQ:RDZN – Get Free Report ) last announced its earnings results on Tuesday, August 13th. The company reported ($0.
46) earnings per share (EPS) for the quarter. The company had revenue of $8.93 million for the quarter.
Roadzen had a negative net margin of 287.82% and a negative return on equity of 31,166.20%.
About Roadzen 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. Further Reading Receive News & Ratings for Roadzen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roadzen and related companies with MarketBeat.
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