Ryvyl (RVYL) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ryvyl in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" RVYL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RVYL, but not buy additional shares or sell existing shares.
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Ryvyl's stock was trading at $4.5880 at the beginning of 2023. Since then, RVYL shares have decreased by 38.1% and is now trading at $2.84.
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Ryvyl saw a increase in short interest in September. As of September 15th, there was short interest totaling 68,200 shares, an increase of 81.4% from the August 31st total of 37,600 shares. Based on an average trading volume of 57,600 shares, the short-interest ratio is presently 1.2 days. Currently, 2.1% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 20th 2023.
View our RVYL earnings forecast.

Ryvyl Inc. (NASDAQ:RVYL) posted its quarterly earnings results on Monday, August, 14th. The company reported ($2.30) EPS for the quarter, missing the consensus estimate of ($0.70) by $1.60. The business earned $14.85 million during the quarter. Ryvyl had a negative net margin of 107.70% and a negative trailing twelve-month return on equity of 8,399.76%.

Ryvyl shares reverse split on Thursday, September 7th 2023. The 1-10 reverse split was announced on Thursday, September 7th 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, September 7th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Ryvyl issued an update on its second quarter 2023 earnings guidance on Wednesday, July, 19th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $14.50M-, compared to the consensus revenue estimate of $13.10 million.

Ryvyl trades on the NASDAQ under the ticker symbol "RVYL."

Shares of RVYL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RVYL stock can currently be purchased for approximately $2.84.

Ryvyl (NASDAQ:RVYL) has a market capitalization of $14.88 million and generates $32.91 million in revenue each year. The company earns $-49,240,000.00 in net income (profit) each year or ($10.20) on an earnings per share basis.

The company employs 110 workers across the globe.

Ryvyl's mailing address is 3131 Camino Del Rio North Suite 1400, SAN DIEGO CA, 92108. The official website for the company is greenboxpos.com. The company can be reached via phone at 619-631-8261 or via email at gbox@mzgroup.us.