Ryvyl (NASDAQ:RVYL) Earns Neutral Rating from HC Wainwright

Ryvyl (NASDAQ:RVYL)‘s stock had its “neutral” rating reaffirmed by analysts at HC Wainwright in a report released on Wednesday,Benzinga reports.

Ryvyl Stock Down 2.5 %

RVYL opened at $0.83 on Wednesday. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.96 and a current ratio of 0.96. Ryvyl has a one year low of $0.69 and a one year high of $4.65. The business’s 50-day simple moving average is $1.29 and its 200-day simple moving average is $1.38. The stock has a market capitalization of $6.93 million, a P/E ratio of -0.10 and a beta of 4.30.

Institutional Trading of Ryvyl

An institutional investor recently bought a new position in Ryvyl stock. Mariner LLC purchased a new stake in Ryvyl Inc. (NASDAQ:RVYL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 77,782 shares of the company’s stock, valued at approximately $101,000. Mariner LLC owned approximately 1.05% of Ryvyl at the end of the most recent reporting period. 17.37% of the stock is owned by hedge funds and other institutional investors.

Ryvyl Company Profile

Ryvyl Inc, a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions in North America, Europe, and Asia. The company's blockchain-based systems facilitate, record, and store a volume of tokenized assets representing cash or data on a blockchain-based ledger.