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Wall Street Pummels Royal Bank of Canada (RY) After Recent Earnings Report

Royal Bank of Canada (NYSE:RY) went up by 0.24% from its latest closing price compared to the recent 1-year high of $116.84. The company’s stock price has collected -0.08% of loss in the last five trading sessions.

Is It Worth Investing in Royal Bank of Canada (NYSE :RY) Right Now?

Royal Bank of Canada (NYSE:RY) scored a price-to-earnings ratio above its average ratio, recording 12.29 x from its present earnings ratio. Plus, the 36-month beta value for RY is at 0.82. Opinions of the stock are interesting as 3 analysts out of 6 who provided ratings for Royal Bank of Canada declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”

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The average price from analysts is $98.96, which is $5.54 above the current price. RY currently public float of 1.39B and currently shorts hold a 1.21% ratio of that float. Today, the average trading volume of RY was 886.42K shares.

RY’s Market Performance

RY stocks went down by -0.08% for the week, with a monthly jump of 6.79% and a quarterly performance of 11.32%, while its annual performance rate touched -12.08%. The volatility ratio for the week stands at 1.41% while the volatility levels for the past 30 days are set at 1.45% for Royal Bank of Canada. The simple moving average for the period of the last 20 days is 3.84% for RY stocks with a simple moving average of 3.72% for the last 200 days.

RY Trading at 3.66% from the 50-Day Moving Average

After a stumble in the market that brought RY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.57% of loss for the given period.

Volatility was left at 1.45%, however, over the last 30 days, the volatility rate increased by 1.41%, as shares surge +7.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.01% upper at present.

During the last 5 trading sessions, RY fell by -0.08%, which changed the moving average for the period of 200-days by -7.73% in comparison to the 20-day moving average, which settled at $97.63. In addition, Royal Bank of Canada saw 7.41% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for RY

Current profitability levels for the company are sitting at:

  • +28.78 for the present operating margin

The net margin for Royal Bank of Canada stands at +23.97. Equity return is now at value 16.00, with 0.80 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.76.

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