Rightside Group Ltd. (NAME) Trading Up 3.1%
Rightside Group Ltd. (NASDAQ:NAME) was up 3.1% during mid-day trading on Wednesday . The company traded as high as $11.88 and last traded at $11.68, with a volume of 64,014 shares changing hands. The stock had previously closed at $11.33.
Separately, B. Riley reissued a “buy” rating and set a $15.00 target price on shares of Rightside Group in a report on Saturday, July 2nd.
The firm has a 50-day moving average of $9.66 and a 200-day moving average of $8.85. The stock’s market cap is $223.87 million.
Rightside Group (NASDAQ:NAME) last posted its quarterly earnings results on Tuesday, May 10th. The company reported ($0.27) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.17) by $0.10. Equities analysts expect that Rightside Group Ltd. will post ($0.85) EPS for the current year.
A hedge fund recently bought a new stake in Rightside Group stock. Sabal Capital Management LLC purchased a new position in shares of Rightside Group Ltd. (NASDAQ:NAME) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 403,828 shares of the company’s stock, valued at approximately $3,352,000. Rightside Group accounts for about 5.6% of Sabal Capital Management LLC’s portfolio, making the stock its 10th largest position. Sabal Capital Management LLC owned approximately 2.13% of Rightside Group at the end of the most recent quarter.
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.
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