Royal Bank Of Canada (NYSE: RY)’s stock price has dropped by -0.12 in relation to previous closing price of 118.77. Nevertheless, the company has seen a loss of -2.41% in its stock price over the last five trading days. accesswire.com reported 2025-01-14 that NEW YORK, NY / ACCESSWIRE / January 14, 2025 / Aegis Capital Corp. (www.aegiscapcorp.com) a full-service wealth management, financial services and investment banking firm, is pleased to announce Manuel Rose has joined the firm as a Managing Director. Manuel “Manny” Rose is a seasoned wealth management professional with over 12 years of experience as a financial professional.
Is It Worth Investing in Royal Bank Of Canada (NYSE: RY) Right Now?
Royal Bank Of Canada (NYSE: RY) has a higher price-to-earnings ratio of 14.36x compared to its average ratio. RY has 36-month beta value of 0.86. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 6 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for RY is 1.41B, and currently, short sellers hold a 0.75% ratio of that float. The average trading volume of RY on January 15, 2025 was 1.09M shares.
RY’s Market Performance
RY’s stock has seen a -2.41% decrease for the week, with a -5.88% drop in the past month and a -4.17% fall in the past quarter. The volatility ratio for the week is 1.50%, and the volatility levels for the past 30 days are at 1.27% for Royal Bank Of Canada. The simple moving average for the past 20 days is -1.87% for RY’s stock, with a 4.11% simple moving average for the past 200 days.
RY Trading at -3.40% 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 -7.36% of loss for the given period.
Volatility was left at 1.27%, however, over the last 30 days, the volatility rate increased by 1.50%, as shares sank -4.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.01% lower at present.
During the last 5 trading sessions, RY fell by -2.41%, which changed the moving average for the period of 200-days by +18.16% in comparison to the 20-day moving average, which settled at $120.89. In addition, Royal Bank Of Canada saw -1.56% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RY
Current profitability levels for the company are sitting at:
- 0.42 for the present operating margin
- 1.0 for the gross margin
The net margin for Royal Bank Of Canada stands at 0.28. The total capital return value is set at 0.01. Equity return is now at value 13.55, with 0.79 for asset returns.
Based on Royal Bank Of Canada (RY), the company’s capital structure generated 0.79 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 3.73. The interest coverage ratio of the stock is 0.32.
Currently, EBITDA for the company is 27.28 billion with net debt to EBITDA at 12.88. When we switch over and look at the enterprise to sales, we see a ratio of 10.31. The receivables turnover for the company is 1.75for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.72.
Conclusion
To put it simply, Royal Bank Of Canada (RY) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
