Ryder Systems, Inc. R Stock Analysis

Ryder Systems, Inc. stock trades under the ticker R & has shown recent bullish behavior that traders & investors should take a closer look into.

R stock closed at $55.53/share on 1/10/2023.

Ryder Systems, Inc. R Stock’s Technical Performance Broken Down

Ryder Systems, Inc. R Stock's Technical Performance Over The Last Year

R Stock Price: $55.53

10 Day Moving Average: $83.63

50 Day Moving Average: $85.92

200 Day Moving Average: $77.25

RSI: 55.53

MACD: -0.534

Yesterday, R stock completed a bullish MACD crossover, rising 2.36% on the day.

Recent trading volumes have been lighter than usual, and their RSI is neutral, signaling that they may face a hard test at the $88/share price level.

R stock has support at the $85.92 & $84.64/share price levels, while they look to break above the $88.09 & $89.34/share resistance levels.

Ryder Systems, Inc. R Stock As A Long-Term Investment

Long-term oriented investors will like R stock’s valuation metrics, with a 5.14 P/E (ttm) & a 1.39 P/B (mrq).

They recently reported 23.4% Quarterly Revenue Growth Y-o-Y, with 78.2% Quarterly Earnings Growth (Y-o-Y).

Their balance sheet will require a more thorough examination, with $456.29M of Total Cash (mrq) & $6.89B of Total Debt (mrq).

R stock pays a 2.8% dividend, which appears to be sustainable in the long-run, as their payout ratio is 14.54%.

86.3% of R stock’s outstanding share float is owned by institutional investors.

Ryder Systems, Inc. R Stock As A Short-Term Trade Using Options

Traders who are focused on shorter time horizons can trade options to profit from price movements in R stock, while protecting their portfolio from volatility.

I am looking at the contracts with the 1/20 expiration date.

The $85, $70 & $75 call options are all in-the-money, listed from most to least liquid strike price.

The $90 & $100 puts are also in-the-money, with the former having more open interest than the latter strike.

Tying It All Together

R stock has many interest characteristics that traders & investors are sure to like.

Investors will like their valuation metrics & dividend yield, but may want to review their balance sheet further before investing.

Traders will like their recent technical performance & the liquidity of their options.

Overall, it is worth taking a closer look into R stock to see how it fits into your portfolio strategy.

*** I DO NOT OWN SHARES OR OPTIONS POSITIONS IN R STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***