Ryvyl Inc (NASDAQ: RVYL) Now $0.89 Higher From Its Low (0.53), Does It Still Have A Growth Story?

Ryvyl Inc (NASDAQ:RVYL) currently has a daily average trading volume of 124.03K but it saw 76048 shares traded in last market. With a market cap of 10.50M USD, the company’s current market price of $1.42 came falling about -8.39 while comparing to the previous closing price of $1.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.85 and as low as $0.89. In the recent trading on the day, stock has struck highest price mark of $1.41 while lowest mark touched by it was $1.547.

Taking a look at 20-day trading activity of Ryvyl Inc (RVYL) gives us an average price of $1.4340, while its current price level is -70.72% below from 52-week high level whereas it is 59.91% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.4850 while that of 200 days or SMA-200 reads an average of $1.5864. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.06% during that period while stretching the period over a month that decreases to 12.10%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.67 which implies that the stock is in neutral territory.

Over the week, RVYL’s stock price is moving 9.23% up while it is -2.74% when we observe its performance for the past one month. Year-to-date it is 9.23% up and over the past year, the stock is showing a downside performance of -66.27%.

Currently, Ryvyl Inc’s total number of outstanding shares is 6.96M. Company’s return on investment (ROI) stands at -183.92% and return on equity (ROE) at -882.48%. Stock’s beta reads 4.31. Stock has a price to book (P/B) ratio of 1.56 while price to sale or P/S ratio amounts to 0.17. Its return on asset (ROA) is -40.37% on average.