Rightside Group Ltd. (NAME) Hits New 52-Week High at $12.26
Rightside Group Ltd. (NASDAQ:NAME) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $12.26 and last traded at $11.83, with a volume of 33,164 shares. The stock had previously closed at $11.66.
Separately, B. Riley reiterated a “buy” rating and set a $15.00 target price on shares of Rightside Group in a research note on Tuesday.
The firm’s market capitalization is $227.52 million. The company has a 50-day moving average of $9.81 and a 200 day moving average of $8.89.
Rightside Group (NASDAQ:NAME) last issued its quarterly earnings data on Tuesday, May 10th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.17) by $0.10. Analysts anticipate that Rightside Group Ltd. will post ($0.85) earnings per share for the current fiscal year.
A hedge fund recently bought a new stake in Rightside Group stock. Sabal Capital Management LLC bought a new stake in shares of Rightside Group Ltd. (NASDAQ:NAME) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 403,828 shares of the company’s stock, valued at approximately $3,352,000. Rightside Group comprises 5.6% of Sabal Capital Management LLC’s holdings, 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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