Ryvyl Inc. (NASDAQ:RVYL - Get Free Report) major shareholder Global Fintech & Regtech Fu S8 purchased 14,491 shares of Ryvyl stock in a transaction on Monday, June 30th. The stock was acquired at an average cost of $0.80 per share, for a total transaction of $11,592.80. Following the acquisition, the insider directly owned 3,504,845 shares of the company's stock, valued at approximately $2,803,876. This represents a 0.42% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Major shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.
Global Fintech & Regtech Fu S8 also recently made the following trade(s):
- On Thursday, June 26th, Global Fintech & Regtech Fu S8 acquired 100,000 shares of Ryvyl stock. The shares were bought at an average price of $0.88 per share, with a total value of $88,000.00.
- On Wednesday, June 25th, Global Fintech & Regtech Fu S8 bought 3,354 shares of Ryvyl stock. The shares were bought at an average price of $0.77 per share, for a total transaction of $2,582.58.
- On Monday, June 23rd, Global Fintech & Regtech Fu S8 purchased 100,000 shares of Ryvyl stock. The stock was bought at an average cost of $0.75 per share, with a total value of $75,000.00.
Ryvyl Price Performance
Ryvyl stock opened at $0.90 on Wednesday. The firm's 50-day moving average is $0.77 and its two-hundred day moving average is $1.01. The stock has a market capitalization of $7.53 million, a P/E ratio of -0.11 and a beta of 4.10. Ryvyl Inc. has a 12-month low of $0.36 and a 12-month high of $2.40.
Ryvyl (NASDAQ:RVYL - Get Free Report) last issued its quarterly earnings results on Tuesday, May 20th. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.27) by ($0.02). Ryvyl had a negative net margin of 49.47% and a negative return on equity of 655.77%. The business had revenue of $14.13 million during the quarter, compared to analyst estimates of $15.54 million. As a group, analysts forecast that Ryvyl Inc. will post -2.31 EPS for the current year.
Analyst Upgrades and Downgrades
Separately, HC Wainwright reaffirmed a "neutral" rating on shares of Ryvyl in a research note on Thursday, April 3rd.
View Our Latest Stock Analysis on RVYL
Hedge Funds Weigh In On Ryvyl
A hedge fund recently raised its stake in Ryvyl stock. Heights Capital Management Inc. grew its stake in shares of Ryvyl Inc. (NASDAQ:RVYL - Free Report) by 341.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 120,026 shares of the company's stock after acquiring an additional 92,841 shares during the quarter. Heights Capital Management Inc. owned about 1.62% of Ryvyl worth $156,000 at the end of the most recent quarter. Institutional investors own 17.37% of the company's stock.
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.
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