Ryan Specialty Holdings Inc (NYSE:RYAN) shares, rose in value on Friday, December 13, with the stock price up by 0.09% to the previous day’s close as strong demand from buyers drove the stock to $67.60.
Actively observing the price movement in the last trading, the stock closed the session at $67.54, falling within a range of $66.78 and $67.79. The value of beta (5-year monthly) was 0.621 whereas the PE ratio was 88.07 over 12-month period. Referring to stock’s 52-week performance, its high was $75.97, and the low was $41.31. On the whole, RYAN has fluctuated by -5.74% over the past month.
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With the market capitalization of Ryan Specialty Holdings Inc currently standing at about $17.70 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 0.44, with its dividend yield at 0.65%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.51B, with a low estimate of 648.87M and a high estimate of 671M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 655.82M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RYAN’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 4.01, with the price of RYAN currently trading nearly -5.92% and -4.53% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.81, while the 7-day volatility ratio is showing 2.93% which for the 30-day chart, stands at 2.16%. Furthermore, Ryan Specialty Holdings Inc (RYAN)’s beta value is 0.67, and its average true range (ATR) is 1.71.
A comparison of Ryan Specialty Holdings Inc (RYAN) with its peers suggests the former has fared considerably weaker in the market. RYAN showed an intraday change of 0.09% in last session, and over the past year, it grew by 50.36%%.
Data on historical trading for Ryan Specialty Holdings Inc (NYSE:RYAN) indicates that the trading volumes over the past 10 days have averaged 0.81 and over the past 3 months, they’ve averaged 844.83K. According to company’s latest data on outstanding shares, there are 125.10 million shares outstanding.
Nearly 17.78% of Ryan Specialty Holdings Inc’s shares belong to company insiders and institutional investors own 78.11% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.0 million shares as on 2024-11-29, resulting in a short ratio of 7.27. According to the data, the short interest in Ryan Specialty Holdings Inc (RYAN) stood at 552.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 6.26 million. The stock has risen by 57.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RYAN stock heading into the next quarter.
