Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $13.65 in the prior trading day, Dr. Reddy’s Laboratories Ltd. ADR (NYSE: RDY) closed at $13.53, down -0.88%. In other words, the price has decreased by -$0.88 from its previous closing price. On the day, 1.7 million shares were traded. RDY stock price reached its highest trading level at $13.57 during the session, while it also had its lowest trading level at $13.36.
Ratios:
Our goal is to gain a better understanding of RDY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 91.03. 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 0.16 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 11367756800 and an Enterprise Value of 1975666560. As of this moment, Dr.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.59, and their Forward P/E ratio for the next fiscal year is 16.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.03 while its Price-to-Book (P/B) ratio in mrq is 3.04. Its current Enterprise Value per Revenue stands at 0.007 whereas that against EBITDA is 0.024.
Stock Price History:
The Beta on a monthly basis for RDY is 0.50, which has changed by -0.05976373 over the last 52 weeks, in comparison to a change of 0.25219524 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 $13.59. The 50-Day Moving Average of the stock is -8.22%, while the 200-Day Moving Average is calculated to be -10.73%.
Shares Statistics:
The stock has traded on average 1.51M shares per day over the past 3-months and 2247860 shares per day over the last 10 days, according to various share statistics. A total of 833.12M shares are outstanding, with a floating share count of 833.06M. Insiders hold about 0.00% of the company’s shares, while institutions hold 14.61% stake in the company. Shares short for RDY as of 1735603200 were 13111803 with a Short Ratio of 8.03, 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
The 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.
