Ryvyl (NASDAQ:RVYL) Announces Earnings Results

Ryvyl (NASDAQ:RVYLGet Free Report) issued its earnings results on Tuesday. The company reported ($0.45) EPS for the quarter, Zacks reports. The business had revenue of $16.77 million for the quarter. During the same quarter in the previous year, the business posted ($1.50) earnings per share.

Ryvyl Stock Up 11.8 %

NASDAQ RVYL traded up $0.16 during trading hours on Wednesday, reaching $1.52. 117,348 shares of the company’s stock were exchanged, compared to its average volume of 62,962. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.05 and a current ratio of 1.05. Ryvyl has a one year low of $1.12 and a one year high of $17.50. The company’s 50-day moving average is $2.49 and its two-hundred day moving average is $3.24. The company has a market capitalization of $9.15 million, a price-to-earnings ratio of -0.15 and a beta of 4.26.

Wall Street Analyst Weigh In

Separately, HC Wainwright reiterated a “neutral” rating on shares of Ryvyl in a report on Wednesday.

Read Our Latest Stock Analysis on Ryvyl

About Ryvyl

(Get Free Report)

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.

See Also

Earnings History for Ryvyl (NASDAQ:RVYL)

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