(READ) Readly International - Ratings and Ratios

Readly International AB (publ) operates as a leading digital subscription service provider, specializing in magazines and newspapers. Headquartered in Stockholm, Sweden, the company was established in 2012 and has expanded its operations to serve customers in Germany, the United Kingdom, and other international markets. Readly offers a diverse portfolio of national and international publications, catering to a broad range of reader preferences. In addition to its core subscription services, the company provides digital gift cards, allowing customers to share access to its content. Readly also collaborates with publishers to offer a wide array of titles, enhancing its appeal to both casual readers and dedicated subscribers. The companys platform is accessible through its website and mobile app, ensuring convenience and accessibility for its user base.

From a technical perspective, Readly International ABs stock (Ticker: READ) on the Stockholm Stock Exchange (ST) exhibits notable trends. The average 20-day trading volume is 13,331 shares, with a last price of 27.30 SEK. The stocks short-term moving averages indicate upward momentum, with the SMA 20 at 22.25 and SMA 50 at 18.27, suggesting potential continued growth. The SMA 200 stands at 15.14, further underscoring the stocks positive trajectory. The Average True Range (ATR) of 0.93 reflects moderate volatility, indicating manageable risk for investors seeking exposure to the digital media sector.

On the fundamental side, Readly boasts a market capitalization of 1,034.80 million SEK, demonstrating its established presence in the industry. The price-to-earnings (P/E) ratio of 10.11 suggests reasonable valuation relative to its earnings. The price-to-book (P/B) ratio of 14.77 indicates that the stock is trading at a premium to its book value, which may be attributed to its strong growth prospects. The price-to-sales (P/S) ratio of 1.42 aligns with industry standards for digital media companies. Notably, the return on equity (RoE) stands at an impressive 143.43%, highlighting the companys efficient use of shareholder capital to generate profits.