Ryvyl (NASDAQ:RVYL) Issues Earnings Results

Ryvyl (NASDAQ:RVYLGet Free Report) issued its quarterly earnings data on Tuesday. The company reported ($0.29) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.02), Zacks reports. The company had revenue of $14.13 million for the quarter, compared to the consensus estimate of $15.54 million. Ryvyl had a negative return on equity of 114.73% and a negative net margin of 78.67%.

Ryvyl Stock Performance

Shares of RVYL opened at $0.68 on Thursday. 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 stock has a 50 day moving average price of $0.93 and a two-hundred day moving average price of $1.18. The firm has a market capitalization of $5.64 million, a P/E ratio of -0.08 and a beta of 4.22. Ryvyl has a 52 week low of $0.60 and a 52 week high of $2.40.

Analysts Set New Price Targets

Separately, HC Wainwright reissued a “neutral” rating on shares of Ryvyl in a report on Thursday, April 3rd.

Read Our Latest Research Report 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.

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Earnings History for Ryvyl (NASDAQ:RVYL)

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