Analyzing RVL Pharmaceuticals plc (RVLP) By Technical Indicators

As of Wednesday close, RVL Pharmaceuticals plc’s (NASDAQ:RVLP) stock was down -$0.01, moving down -6.00 percent to $0.10. The average number of shares traded per day over the past five days has been 4,383,340 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.0591 fall in that time frame. In the last twenty days, the average volume was 2,011,685, while in the previous 50 days, it was 877,786.

Since last month, RVLP stock retreated -77.31%. Shares of the company fell to $0.0929 on 08/30/23, the lowest level in the past month. A 52-week high of $2.99 was reached on 03/20/23 after having rallying from a 52-week low of $0.11. Since the beginning of this year, RVLP’s stock price has dropped by -90.63% or -$1.0150, and marked a new high 14 times. However, the stock has declined by -96.49% since its 52-week high.

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Valuation Metrics

The stock’s beta is 1.05. Besides these, the trailing price-to-sales (P/S) ratio of 0.30, the price-to-book (PB) ratio of 0.66.

Financial Health

In the three months ended June 29, RVL Pharmaceuticals plc’s quick ratio stood at 0.40, while its current ratio was 0.40, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 74.70% percent. Based on annual data, RVLP earned $40.27 million in gross profit and brought in $49.72 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -54.60%. Return on equity (ROE) for the past 12 months was -155.20%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. RVLP’s revenue fell -15.6% to $8.83 million during the quarter, while net income inched up to $7.31 million. While analysts expected RVL Pharmaceuticals plc to report -$0.11 quarterly earnings, the actual figure was -$0.24 per share, beating the consensus estimate by -118.20%. During the quarter, the company generated -$8.03 million in EBITDA. The liabilities of RVL Pharmaceuticals plc were 69.08 million at the end of its most recent quarter ended June 29, and its total debt was $58.15 million. The value of shareholders’ equity is $99.53 million.

Technical Picture

This quick technical analysis looks at RVL Pharmaceuticals plc’s (RVLP) price momentum. With a historical volatility rate of 158.20%, the RSI 9-day stood at 20.00% on 30 August.

With respect to its five-day moving average, the current RVL Pharmaceuticals plc price is down by -36.01% percent or -$0.0591. At present, RVLP shares trade -76.92% below its 20-day simple moving average and -91.03% percent below its 100-day simple moving average. However, the stock is currently trading approximately -86.71% below its SMA50 and -92.71% below its SMA200.

Stochastic coefficient K was 1.46% and Stochastic coefficient D was 1.19%, while ATR was 0.0416. Given the Stochastic reading of 3.01% for the 14-day period, the RSI (14) reading has been calculated as 23.36%. As of today, the MACD Oscillator reading stands at -0.0286, while the 14-day reading stands at -0.0976.

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