Ryan Specialty Holdings Inc (NYSE:RYAN) shares, rose in value on Friday, May 30, with the stock price up by 2.33% to the previous day’s close as strong demand from buyers drove the stock to $71.57.
Actively observing the price movement in the last trading, the stock closed the session at $69.94. The PE ratio was 9671.62 over 12-month period. Referring to stock’s 52-week performance, its high was $77.16, and the low was $52.34. On the whole, RYAN has fluctuated by 9.25% over the past month.
With the market capitalization of Ryan Specialty Holdings Inc currently standing at about $18.78 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.46, with its dividend yield at 0.64%.
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 100% Buy 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 483.82, with the price of RYAN currently trading nearly 3.06% and 2.09% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.66, while the 7-day volatility ratio is showing 1.78% which for the 30-day chart, stands at 1.60%. Furthermore, Ryan Specialty Holdings Inc (RYAN)’s beta value is 0.68, and its average true range (ATR) is 1.87.
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 2.33% in last session, and over the past year, it grew by 31.95%%.
Data on historical trading for Ryan Specialty Holdings Inc (NYSE:RYAN) indicates that the trading volumes over the past 3 months, they’ve averaged 1.04 million. According to company’s latest data on outstanding shares, there are 126.03 million shares outstanding.
Nearly 15.62% of Ryan Specialty Holdings Inc’s shares belong to company insiders and institutional investors own 79.67% of the company’s shares. The stock has risen by 11.55% 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.
