In the last trading session, 63293.0 Ryvyl Inc (NASDAQ:RVYL) shares changed hands as the company’s beta touched 4.34. With the company’s per share price at $1.36 changed hands at $0.12 or 9.67% during last session, the market valuation stood at $10.28M. RVYL’s last price was a discount, traded about -286.03% off its 52-week high of $5.25. The share price had its 52-week low at $0.89, which suggests the last value was 34.56% up since then. When we look at Ryvyl Inc’s average trading volume, we note the 10-day average is 0.11 million shares, with the 3-month average coming to 120.16K.
Ryvyl Inc (NASDAQ:RVYL) trade information
Instantly RVYL was in green as seen at the end of in last trading. With action -12.03%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -66.59%, with the 5-day performance at -12.03% in the red. However, in the 30-day time frame, Ryvyl Inc (NASDAQ:RVYL) is 14.88% up. Looking at the short shares, we see there were 0.21 million shares sold at short interest cover period of 1.98 days.
Ryvyl Inc (RVYL) estimates and forecasts
Data shows that the Ryvyl Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -8.09% over the past 6 months, a 29.21% in annual growth rate that is considerably higher than the industry average of 23.20%. Year-over-year growth is forecast to reach -14.60% down from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 14.96M. 1 analysts are of the opinion that Ryvyl Inc’s revenue for the current quarter will be 19.57M. The company’s revenue for the corresponding quarters a year ago was 22.25M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -32.76%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -51.16%. The 2024 estimates are for Ryvyl Inc earnings to increase by 62.66%.
RVYL Dividends
Ryvyl Inc is expected to release its next quarterly earnings report in January.
Ryvyl Inc (NASDAQ:RVYL)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 29.83% of Ryvyl Inc shares while 2.96% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 4.23%.
