Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Ruanyun Edai Technology Inc (NASDAQ: RYET) closed at $7.61 in the last session, down -5.35% from day before closing price of $8.04. In other words, the price has decreased by -$5.35% from its previous closing price. On the day, 0.91 million shares were traded. RYET stock price reached its highest trading level at $9.1944 during the session, while it also had its lowest trading level at $7.2.
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 256837504 and an Enterprise Value of 229873760. Its current Enterprise Value per Revenue stands at 32.886 whereas that against EBITDA is -208.848.
Stock Price History:
Over the past 52 weeks, RYET has reached a high of $15.30, while it has fallen to a 52-week low of $2.68. The 50-Day Moving Average of the stock is -12.84%, while the 200-Day Moving Average is calculated to be -10.32%.
Shares Statistics:
According to the various share statistics, RYET traded on average about 898.86K shares per day over the past 3-months and 440880 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 1748563200 were 299776 with a Short Ratio of 0.33, compared to 1745971200 on 45212. Therefore, it implies a Short% of Shares Outstanding of 299776 and a Short% of Float of 1.3099999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
