Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Ruanyun Edai Technology Inc (NASDAQ: RYET) closed at $1.73 in the last session, down -10.82% from day before closing price of $1.94. In other words, the price has decreased by -$10.82 from its previous closing price. On the day, 0.67 million shares were traded. RYET stock price reached its highest trading level at $1.95 during the session, while it also had its lowest trading level at $1.675.
Ratios:
We take a closer look at RYET’s different ratios to gain a better understanding of the stock.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RYET now has a Market Capitalization of 58387500 and an Enterprise Value of 53473732. Its current Enterprise Value per Revenue stands at 7.65 whereas that against EBITDA is -48.583.
Stock Price History:
Over the past 52 weeks, RYET has reached a high of $21.00, while it has fallen to a 52-week low of $1.50. The 50-Day Moving Average of the stock is -78.46%, while the 200-Day Moving Average is calculated to be -77.60%.
Shares Statistics:
According to the various share statistics, RYET traded on average about 1.26M shares per day over the past 3-months and 1243200 shares per day over the past 10 days. A total of 33.75M shares are outstanding, with a floating share count of 12.73M. Shares short for RYET as of 1752537600 were 625476 with a Short Ratio of 0.50, compared to 1749772800 on 411171. Therefore, it implies a Short% of Shares Outstanding of 625476 and a Short% of Float of 2.73.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
