Ryvyl Inc. (RVYL) Performance and Fundamentals Dashboard tells a completely different story

Ryvyl Inc. (NASDAQ: RVYL) stock fell -14.43% on Monday to $0.70 against a previous-day closing price of $0.82. With 3.33 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.19 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $0.7848 whereas the lowest price it dropped to was $0.6400. The 52-week range on RVYL shows that it touched its highest point at $4.84 and its lowest point at $0.40 during that stretch. It currently has a 1-year price target of $2.50. Beta for the stock currently stands at 4.11.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RVYL was up-trending over the past week, with a rise of 1.45%, but this was up by 43.47% over a month. Three-month performance dropped to -30.69% while six-month performance fell -9.94%. The stock lost -81.08% in the past year, while it has gained 52.57% so far this year. A look at the trailing 12-month EPS for RVYL yields -0.72 with Next year EPS estimates of -0.77. For the next quarter, that number is -0.22. This implies an EPS growth rate of -287.60% for this year and -2.70% for next year.

Float and Shares Shorts:

At present, 47.10 million RVYL shares are outstanding with a float of 27.06 million shares on hand for trading. On Sep 29, 2022, short shares totaled 1.37 million, which was 3.05% higher than short shares on Aug 30, 2022. In addition to Mr. Ben Errez as the firm’s Chairman, Exec. VP, Principal Financial Officer & Principal Accounting Officer, Mr. Fredi Nisan serves as its CEO & Director.


Institutional Ownership:

Through their ownership of 20.75% of RVYL’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 63.63% of RVYL, in contrast to 3.60% held by mutual funds. Shares owned by individuals account for 2.99%. As the largest shareholder in RVYL with 1.00% of the stake, The Vanguard Group, Inc. holds 494,975 shares worth 494,975. A second-largest stockholder of RVYL, Cross Staff Investments, Inc., holds 383,460 shares, controlling over 0.77% of the firm’s shares. Global X Management Co. LLC is the third largest shareholder in RVYL, holding 351,492 shares or 0.71% stake. With a 1.08% stake in RVYL, the Global X Blockchain ETF is the largest stakeholder. A total of 534,153 shares are owned by the mutual fund manager. The Vanguard Total Stock Market Index, which owns about 0.53% of RVYL stock, is the second-largest Mutual Fund holder. It holds 263,629 shares valued at 0.12 million. Vanguard Extended Market Index Fu holds 0.49% of the stake in RVYL, owning 242,066 shares worth 0.11 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RVYL since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With RVYL analysts setting a high price target of $2.50 and a low target of $2.50, the average target price over the next 12 months is $2.50. Based on these targets, RVYL could surge 257.14% to reach the target high and rise by 257.14% to reach the target low. Reaching the average price target will result in a growth of 257.14% from current levels.


EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. RVYL will report FY 2022 earnings on 02/28/2024. Analysts have provided yearly estimates in a range of -$0.75 being high and -$0.75 being low. For RVYL, this leads to a yearly average estimate of -$0.75. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Ryvyl Inc. surprised analysts by -$0.09 when it reported -$0.32 EPS against a consensus estimate of -$0.23. The surprise factor in the prior quarter was $0.45. Based on analyst estimates, the high estimate for the next quarter is -$0.22 and the low estimate is -$0.22. The average estimate for the next quarter is thus -$0.22.

Summary of Insider Activity:

Insiders traded RVYL stock several times over the past three months with 2 Buys and 2 Sells. In these transactions, 19,990 shares were bought while 21,887 shares were sold. The number of buy transactions has increased to 55 while that of sell transactions has risen to 11 over the past year. The total number of shares bought during that period was 614,690 while 2,116,334 shares were sold.

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