Rightside Group Ltd. (NAME) Trading Down 2.4%
Rightside Group Ltd. (NASDAQ:NAME)’s share price traded down 2.4% during trading on Friday . The company traded as low as $10.88 and last traded at $10.91, with a volume of 54,182 shares traded. The stock had previously closed at $11.18.
A number of equities research analysts have recently weighed in on NAME shares. B. Riley reissued a “buy” rating and set a $15.00 target price on shares of Rightside Group in a report on Monday, July 18th. Deutsche Bank AG lifted their target price on Rightside Group from $7.50 to $11.00 and gave the stock a “hold” rating in a report on Wednesday, August 10th. Finally, Zacks Investment Research downgraded Rightside Group from a “hold” rating to a “sell” rating in a report on Tuesday, August 9th.
The firm has a 50 day moving average price of $11.57 and a 200-day moving average price of $9.53. The stock’s market capitalization is $210.62 million.
Rightside Group (NASDAQ:NAME) last released its quarterly earnings results on Tuesday, August 9th. The company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.09. The company earned $54.04 million during the quarter, compared to analysts’ expectations of $55.46 million. On average, analysts forecast that Rightside Group Ltd. will post ($0.81) EPS for the current fiscal 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.
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