Baijiayun Group Ltd (NASDAQ: RTC)’s stock price has soared by 11.19 in relation to previous closing price of 1.34. Nevertheless, the company has seen a gain of 47.52% in its stock price over the last five trading days. Benzinga reported 2022-07-18 that Fuwei Films (Holdings) Co Ltd (NASDAQ: FFHL) has entered into a merger agreement with software solutions provider Baijiayun Limited, by which Baijiayun will merge with a wholly-owned subsidiary of Fuwei. Baijiayun will be the surviving entity, and the issued and outstanding.
Is It Worth Investing in Baijiayun Group Ltd (NASDAQ: RTC) Right Now?
Additionally, the 36-month beta value for RTC is 0.83. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for RTC is 29.20M and currently, short sellers hold a 0.69% ratio of that float. The average trading volume of RTC on April 30, 2024 was 483.65K shares.
RTC’s Market Performance
RTC’s stock has seen a 47.52% increase for the week, with a 34.23% rise in the past month and a -80.03% fall in the past quarter. The volatility ratio for the week is 18.52%, and the volatility levels for the past 30 days are at 15.05% for Baijiayun Group Ltd The simple moving average for the past 20 days is 34.36% for RTC’s stock, with a -49.83% simple moving average for the past 200 days.
RTC Trading at 56.50% from the 50-Day Moving Average
After a stumble in the market that brought RTC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -84.32% of loss for the given period.
Volatility was left at 15.05%, however, over the last 30 days, the volatility rate increased by 18.52%, as shares surge +41.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +116.29% upper at present.
During the last 5 trading sessions, RTC rose by +47.52%, which changed the moving average for the period of 200-days by -80.56% in comparison to the 20-day moving average, which settled at $1.1310. In addition, Baijiayun Group Ltd saw -25.50% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RTC
Current profitability levels for the company are sitting at:
- -0.1 for the present operating margin
- 0.2 for the gross margin
The net margin for Baijiayun Group Ltd stands at -0.07. The total capital return value is set at -0.08. Equity return is now at value -35.02, with -20.13 for asset returns.
Based on Baijiayun Group Ltd (RTC), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at -0.8. The debt to equity ratio resting at 0.15. The interest coverage ratio of the stock is -42.78.
Currently, EBITDA for the company is -8.51 million with net debt to EBITDA at -0.23. When we switch over and look at the enterprise to sales, we see a ratio of 1.44. The receivables turnover for the company is 2.23for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.66.
Conclusion
In conclusion, Baijiayun Group Ltd (RTC) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
