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Ryde Group Announces Director Resignation

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Ryde Group Announces Director Resignation

TipRanks Black Friday Sale

Ryde Group Limited Class A ( (RYDE) ) has issued an announcement.

On November 17, 2025, Ryde Group Ltd, a company headquartered in Singapore, announced the resignation of Mr. Tan Ting Yong from its board of directors. The departure was clarified to be amicable, with no disagreements related to the company’s operations, policies, or practices, indicating a smooth transition for the company.

The most recent analyst rating on (RYDE) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Ryde Group Limited Class A stock, see the RYDE Stock Forecast page.

Spark’s Take on RYDE Stock

According to Spark, TipRanks’ AI Analyst, RYDE is a Neutral.

The overall stock score is primarily impacted by the company’s financial performance, which is weak due to persistent negative profitability and high leverage. Technical analysis provides some positive signals, but these are not strong enough to offset the poor financial health. Valuation metrics further highlight the company’s challenges, with a negative P/E ratio and no dividend yield.

To see Spark’s full report on RYDE stock, click here.

More about Ryde Group Limited Class A

Average Trading Volume: 2,109,041

Technical Sentiment Signal: Hold

Current Market Cap: $21.17M

For detailed information about RYDE stock, go to TipRanks’ Stock Analysis page.

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