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

HC Wainwright reiterated their neutral rating on shares of Ryvyl (NASDAQ:RVYL) in a research report report published on Wednesday,Benzinga reports.

Ryvyl Stock Performance

RVYL stock opened at $0.93 on Wednesday. Ryvyl has a one year low of $0.69 and a one year high of $4.65. The firm has a market cap of $7.73 million, a price-to-earnings ratio of -0.11 and a beta of 4.30. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a 50-day simple moving average of $1.28 and a two-hundred day simple moving average of $1.38.

Institutional Investors Weigh In On Ryvyl

An institutional investor recently bought a new position in Ryvyl stock. Mariner LLC acquired a new stake in shares of Ryvyl Inc. (NASDAQ:RVYL) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 77,782 shares of the company’s stock, valued at approximately $101,000. Mariner LLC owned about 1.05% of Ryvyl at the end of the most recent quarter. 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.