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The price of Dr. Reddy’s Laboratories Ltd. ADR (NYSE: RDY) closed at $14.56 in the last session, up 0.34% from day before closing price of $14.51. In other words, the price has increased by $0.34 from its previous closing price. On the day, 0.98 million shares were traded. RDY stock price reached its highest trading level at $14.625 during the session, while it also had its lowest trading level at $14.54.
Ratios:
We take a closer look at RDY’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 12129238016 and an Enterprise Value of 5141006848. As of this moment, Dr.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.18, and their Forward P/E ratio for the next fiscal year is 22.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.15 while its Price-to-Book (P/B) ratio in mrq is 3.11. 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 0.29, which has changed by -0.07225692 over the last 52 weeks, in comparison to a change of 0.10611236 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 -1.38%, while the 200-Day Moving Average is calculated to be 0.85%.
Shares Statistics:
According to the various share statistics, RDY traded on average about 1.79M shares per day over the past 3-months and 1358680 shares per day over the past 10 days. 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 13.50% stake in the company. Shares short for RDY as of 1749772800 were 12466072 with a Short Ratio of 6.12, 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
The forward annual dividend rate for RDY is 0.10, which was 8.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.5513439The stock’s 5-year Average Dividend Yield is 0.72. The current Payout Ratio is 9.11% for RDY, which recently paid a dividend on 2021-07-08 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.
