Ryvyl’s (RVYL) Neutral Rating Reiterated at HC Wainwright

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

Ryvyl Trading Down 2.4 %

Shares of RVYL opened at $0.85 on Thursday. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.96 and a quick ratio of 0.96. Ryvyl has a 12 month low of $0.69 and a 12 month high of $2.72. The stock has a market cap of $7.12 million, a PE ratio of -0.10 and a beta of 4.40. The stock’s 50-day moving average is $1.04 and its two-hundred day moving average is $1.35.

Institutional Trading of Ryvyl

A hedge fund recently bought a new stake in Ryvyl stock. Mariner LLC bought a new stake in Ryvyl Inc. (NASDAQ:RVYL) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 77,782 shares of the company’s stock, valued at approximately $101,000. Mariner LLC owned 1.05% of Ryvyl at the end of the most recent quarter. Hedge funds and other institutional investors own 17.37% of the company’s stock.

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.