Ryan Specialty Holdings Inc (NYSE:RYAN) shares, rose in value on Friday, March 07, without any change to the previous day’s close as strong demand from buyers drove the stock to $69.22.
Actively observing the price movement in the last trading, the stock closed the session at $69.22. The PE ratio was 195.21 over 12-month period. Referring to stock’s 52-week performance, its high was $75.97, and the low was $48.48. On the whole, RYAN has fluctuated by 0.60% over the past month.
With the market capitalization of Ryan Specialty Holdings Inc currently standing at about $18.13 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.45, 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 3.06B, with a low estimate of 665M and a high estimate of 701.75M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 680.77M.
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 100% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 9.23, with the price of RYAN currently trading nearly 0.73% and 4.10% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.93, while the 7-day volatility ratio is showing 2.61% which for the 30-day chart, stands at 2.66%. Furthermore, Ryan Specialty Holdings Inc (RYAN)’s beta value is 0.71, and its average true range (ATR) is 1.92.
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 0.00% in last session, and over the past year, it grew by 29.82%%.
Data on historical trading for Ryan Specialty Holdings Inc (NYSE:RYAN) indicates that the trading volumes over the past 3 months, they’ve averaged 974.94K. According to company’s latest data on outstanding shares, there are 125.41 million shares outstanding.
Nearly 15.75% of Ryan Specialty Holdings Inc’s shares belong to company insiders and institutional investors own 78.47% of the company’s shares. The stock has risen by 7.89% 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.
