Rightside Group Ltd. (NAME) Sets New 12-Month High at $10.88
Shares of Rightside Group Ltd. (NASDAQ:NAME) hit a new 52-week high on Friday . The stock traded as high as $10.88 and last traded at $10.81, with a volume of 18,381 shares traded. The stock had previously closed at $10.69.
Separately, B. Riley reissued a “buy” rating and issued a $15.00 price target on shares of Rightside Group in a research note on Thursday.
The company has a 50 day moving average of $9.45 and a 200-day moving average of $8.78. The firm’s market capitalization is $208.90 million.
Rightside Group (NASDAQ:NAME) last posted its quarterly earnings data on Tuesday, May 10th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.17) by $0.10. Equities analysts forecast that Rightside Group Ltd. will post ($0.85) EPS for the current fiscal year.
An institutional investor recently bought a new position in Rightside Group stock. Sabal Capital Management LLC purchased a new stake in Rightside Group Ltd. (NASDAQ:NAME) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 403,828 shares of the company’s stock, valued at approximately $3,352,000. Rightside Group makes up 5.6% of Sabal Capital Management LLC’s investment portfolio, making the stock its 10th largest position. Sabal Capital Management LLC owned approximately 2.13% of Rightside Group as of its most recent filing with the SEC.
Rightside Group, Ltd. is a provider of domain name services that enable businesses and consumers to find, establish and maintain their digital address. The Company is a registrar, offering domain name registration and other related services to resellers and domain name registrants. It provides infrastructure services through its eNom brand.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.