Ryvyl Inc (RVYL) Shares Down Despite Recent Market Volatility

The stock price of Ryvyl Inc (NASDAQ: RVYL) has dropped by -6.79 compared to previous close of 1.40. Despite this, the company has seen a fall of -11.82% in its stock price over the last five trading days. globenewswire.com reported 2024-11-20 that SAN DIEGO, CA, Nov. 20, 2024 (GLOBE NEWSWIRE) — RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic payment technology for diverse international markets, amended the previously announced non-binding Memorandum of Understanding (the “MOU”) for the full repayment and termination of an 8% Senior Convertible Note (the “Note) and the redemption of all shares of the Company’s Series B Convertible Preferred Stock (the “Preferred Stock”). The MOU has been amended to extend the first tranche payment of $12.8 million to November 29, 2024.

Is It Worth Investing in Ryvyl Inc (NASDAQ: RVYL) Right Now?

The 36-month beta value for RVYL is also noteworthy at 4.32. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

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The public float for RVYL is 5.18M, and at present, short sellers hold a 6.94% of that float. The average trading volume of RVYL on December 20, 2024 was 115.86K shares.

RVYL’s Market Performance

RVYL stock saw an increase of -11.82% in the past week, with a monthly gain of 4.40% and a quarterly increase of 1.95%. The volatility ratio for the week is 12.66%, and the volatility levels for the last 30 days are 16.17% for Ryvyl Inc (RVYL). The simple moving average for the past 20 days is -13.59% for RVYL’s stock, with a -25.01% simple moving average for the past 200 days.

RVYL Trading at -19.66% from the 50-Day Moving Average

After a stumble in the market that brought RVYL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.19% of loss for the given period.

Volatility was left at 16.17%, however, over the last 30 days, the volatility rate increased by 12.66%, as shares surge +7.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.61% lower at present.

During the last 5 trading sessions, RVYL fell by -11.82%, which changed the moving average for the period of 200-days by -68.11% in comparison to the 20-day moving average, which settled at $1.5102. In addition, Ryvyl Inc saw -68.63% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for RVYL

Current profitability levels for the company are sitting at:

  • -0.29 for the present operating margin
  • 0.22 for the gross margin

The net margin for Ryvyl Inc stands at -0.79. The total capital return value is set at -0.67. Equity return is now at value -882.48, with -40.37 for asset returns.

Based on Ryvyl Inc (RVYL), the company’s capital structure generated 0.74 points at debt to capital in total, while cash flow to debt ratio is standing at 1.39. The debt to equity ratio resting at 2.8. The interest coverage ratio of the stock is -3.03.

Currently, EBITDA for the company is -33.78 million with net debt to EBITDA at -0.43. When we switch over and look at the enterprise to sales, we see a ratio of 0.43. The receivables turnover for the company is 74.65for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.96.

Conclusion

In summary, Ryvyl Inc (RVYL) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.

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