Ryvyl Inc. (NASDAQ:RVYL) shares traded -14.43% lower at $0.70 on Wall Street last session.
In accordance with the data, 1 analysts cover Ryvyl Inc. (NASDAQ:RVYL). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $2.50 and a low of $2.50, we find $2.50. Given the previous closing price of $0.82, this indicates a potential upside of 204.88 percent. RVYL stock price is now 3.35% away from the 50-day moving average and -51.24% away from the 200-day moving average. The market capitalization of the company currently stands at $34.15M.
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It has been rated a hold by 0 analysts and a buy by 1. Brokers who have rated the stock have averaged $2.50 as their price target over the next twelve months.
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In other news, Laniado Ezra, Director bought 9,990 shares of the company’s stock on Dec 15. The stock was bought for $4,995 at an average price of $0.50. Upon completion of the transaction, the Director now directly owns 50,586 shares in the company, valued at $35410.2. Insiders disposed of 2,116,334 shares of company stock worth roughly $1.48 million over the past 1 year. A total of 40.73% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in RVYL stock. A new stake in Ryvyl Inc. shares was purchased by GSA CAPITAL PARTNERS LLP during the first quarter worth $23,000. TWO SIGMA ADVISERS, LP invested $15,000 in shares of RVYL during the first quarter. In the first quarter, IONIC CAPITAL MANAGEMENT LLC acquired a new stake in Ryvyl Inc. valued at approximately $12,000. MAN GROUP PLC acquired a new stake in RVYL for approximately $12,000. AMALGAMATED FINANCIAL CORP. purchased a new stake in RVYL valued at around $2,000 in the second quarter. In total, there are 70 active investors with 6.70% ownership of the company’s stock.
Ryvyl Inc. (NASDAQ: RVYL) opened at $0.7640 on Monday. During the past 12 months, Ryvyl Inc. has had a low of $0.40 and a high of $4.84. As of last week, the company has a debt-to-equity ratio of 1.71, a current ratio of 2.50, and a quick ratio of 2.50. The fifty day moving average price for RVYL is $0.6742 and a two-hundred day moving average price translates $1.4173 for the stock.
The latest earnings results from Ryvyl Inc. (NASDAQ: RVYL) was released for Jun, 2022. According to the Software – Infrastructure Company, earnings per share came in at $0.24, beating analysts’ expectations of -$0.2 by 0.44. This compares to -$0.14 EPS in the same period last year. The company reported revenue of $10.63 million for the quarter, compared to $8.05 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 32.12 percent. For the current quarter, analysts expect RVYL to generate $10.12M in revenue.
Ryvyl Inc.(RVYL) Company Profile
GreenBox POS, a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions. Its blockchain-based systems facilitate, record, and store a volume of tokenized assets, representing cash or data, on a blockchain-based ledger. The company’s products include QuickCard Payment System, a physical and virtual cash management system, including software that facilitates deposits, cash, and e-wallet management; point of sale solutions comprising software and hardware; and Loopz software solution, a mobile delivery service operations management solution with automated dispatch functionality. It serves customers in various industries, including foreign exchange, retail, and e-commerce sectors. The company was formerly known as ASAP Expo, Inc. GreenBox POS was incorporated in 2007 and is based in San Diego, California.
