In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Dr. Reddy’s Laboratories Ltd. ADR (NYSE: RDY) closed the day trading at $14.80 down -0.67% from the previous closing price of $14.90. In other words, the price has decreased by -$0.67 from its previous closing price. On the day, 2.19 million shares were traded. RDY stock price reached its highest trading level at $14.865 during the session, while it also had its lowest trading level at $14.72.
Ratios:
For a better understanding of RDY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 89.97. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.92. In the meantime, Its Debt-to-Equity ratio is 0.16 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 12527933440 and an Enterprise Value of 1734083200. As of this moment, Dr.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.30, and their Forward P/E ratio for the next fiscal year is 18.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.43 while its Price-to-Book (P/B) ratio in mrq is 3.39. Its current Enterprise Value per Revenue stands at 0.006 whereas that against EBITDA is 0.021.
Stock Price History:
The Beta on a monthly basis for RDY is 0.51, which has changed by 0.05914128 over the last 52 weeks, in comparison to a change of 0.23171377 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 $13.47. The 50-Day Moving Average of the stock is -0.25%, while the 200-Day Moving Average is calculated to be -2.44%.
Shares Statistics:
Over the past 3-months, RDY traded about 1.37M shares per day on average, while over the past 10 days, RDY traded about 2290510 shares per day. A total of 834.38M shares are outstanding, with a floating share count of 833.03M. Insiders hold about 0.00% of the company’s shares, while institutions hold 14.47% stake in the company. Shares short for RDY as of 1735603200 were 13111803 with a Short Ratio of 9.60, compared to 1732838400 on 11039318. Therefore, it implies a Short% of Shares Outstanding of 13111803 and a Short% of Float of 2.15.
Dividends & Splits
RDY’s forward annual dividend rate is 0.48, up from 8.0 a year ago. Against a Trailing Annual Dividend Yield of 0.53691274The stock’s 5-year Average Dividend Yield is 0.72. The current Payout Ratio is 10.00% for RDY, which recently paid a dividend on 2024-07-30 with an ex-dividend date of 1722297600. Stock splits for the company last occurred on 2024-11-05 when the company split stock in a 5:1 ratio.
