Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Dr. Reddy’s Laboratories Ltd. ADR (NYSE: RDY) closed the day trading at $14.94 down -0.60% from the previous closing price of $15.03. In other words, the price has decreased by -$0.60 from its previous closing price. On the day, 0.92 million shares were traded. RDY stock price reached its highest trading level at $15.055 during the session, while it also had its lowest trading level at $14.9.
Ratios:
For a better understanding of RDY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.92. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.02.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 29 ’24 when Israeli Erez bought 65,500 shares for $82.29 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RDY now has a Market Capitalization of 12500088832 and an Enterprise Value of 5141006848. As of this moment, Dr.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.65, and their Forward P/E ratio for the next fiscal year is 23.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.23 while its Price-to-Book (P/B) ratio in mrq is 3.20. Its current Enterprise Value per Revenue stands at 0.016 whereas that against EBITDA is 0.058.
Stock Price History:
The Beta on a monthly basis for RDY is 0.33, which has changed by -0.017751455 over the last 52 weeks, in comparison to a change of 0.11937654 over the same period for the S&P500. Over the past 52 weeks, RDY has reached a high of $16.89, while it has fallen to a 52-week low of $12.26. The 50-Day Moving Average of the stock is 2.23%, while the 200-Day Moving Average is calculated to be 3.17%.
Shares Statistics:
Over the past 3-months, RDY traded about 2.02M shares per day on average, while over the past 10 days, RDY traded about 1474450 shares per day. A total of 834.46M shares are outstanding, with a floating share count of 832.07M. Insiders hold about 0.00% of the company’s shares, while institutions hold 13.53% stake in the company. Shares short for RDY as of 1749772800 were 12466072 with a Short Ratio of 6.17, compared to 1747267200 on 14930780. Therefore, it implies a Short% of Shares Outstanding of 12466072 and a Short% of Float of 2.91.
Dividends & Splits
RDY’s forward annual dividend rate is 0.10, up from 8.0 a year ago. Against a Trailing Annual Dividend Yield of 0.5322688The stock’s 5-year Average Dividend Yield is 0.72.
