Rightside Group Ltd. (NAME) Sees Large Volume Increase
Shares of Rightside Group Ltd. (NASDAQ:NAME) saw strong trading volume on Friday . 92,796 shares traded hands during mid-day trading, an increase of 78% from the previous session’s volume of 52,047 shares.The stock last traded at $11.85 and had previously closed at $12.01.
A number of analysts have recently commented on the company. B. Riley restated a “buy” rating and issued a $15.00 price target on shares of Rightside Group in a report on Monday, July 18th. Zacks Investment Research lowered Rightside Group from a “hold” rating to a “sell” rating in a report on Tuesday. Finally, Deutsche Bank AG boosted their price target on Rightside Group from $7.50 to $11.00 and gave the company a “hold” rating in a report on Wednesday.
The stock’s 50 day moving average price is $11.41 and its 200-day moving average price is $9.38. The company’s market cap is $227.52 million.
Rightside Group (NASDAQ:NAME) last posted its quarterly earnings data on Tuesday, August 9th. The company reported ($0.13) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.22) by $0.09. The company earned $54.04 million during the quarter, compared to analyst estimates of $55.46 million. On average, analysts expect that Rightside Group Ltd. will post ($0.84) EPS for the current year.
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.