Ryvyl Inc. (NASDAQ:RVYL – Free Report) – Research analysts at HC Wainwright dropped their Q4 2024 earnings estimates for shares of Ryvyl in a report issued on Wednesday, August 14th. HC Wainwright analyst K. Dede now anticipates that the company will post earnings per share of $0.08 for the quarter, down from their prior forecast of $0.09. HC Wainwright currently has a “Neutral” rating on the stock. The consensus estimate for Ryvyl’s current full-year earnings is ($1.61) per share. HC Wainwright also issued estimates for Ryvyl’s FY2025 earnings at $0.38 EPS.
Ryvyl (NASDAQ:RVYL – Get Free Report) last posted its earnings results on Tuesday, May 14th. The company reported ($0.45) earnings per share (EPS) for the quarter. The business had revenue of $16.77 million during the quarter. During the same quarter in the previous year, the business earned ($1.50) earnings per share.
Ryvyl Stock Performance
Institutional Trading of Ryvyl
Several institutional investors and hedge funds have recently bought and sold shares of RVYL. Cross Staff Investments Inc purchased a new position in Ryvyl during the first quarter worth about $100,000. Renaissance Technologies LLC acquired a new position in shares of Ryvyl in the 2nd quarter worth approximately $60,000. Finally, CVI Holdings LLC boosted its position in shares of Ryvyl by 752.7% during the 2nd quarter. CVI Holdings LLC now owns 106,379 shares of the company’s stock worth $154,000 after purchasing an additional 93,904 shares during the period. 17.37% of the stock is currently owned by hedge funds and other institutional investors.
About Ryvyl
Ryvyl Inc, a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions in North America, Europe, and Asia. The company's blockchain-based systems facilitate, record, and store a volume of tokenized assets representing cash or data on a blockchain-based ledger.
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