Rightside Group Ltd. (NAME) Sets New 12-Month High at $10.88
Shares of Rightside Group Ltd. (NASDAQ:NAME) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $10.88 and last traded at $10.81, with a volume of 18,381 shares trading hands. The stock had previously closed at $10.69.
Separately, B. Riley restated a “buy” rating and set a $15.00 price objective on shares of Rightside Group in a research report on Monday, June 27th.
The stock 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 released its quarterly earnings data on Tuesday, May 10th. The company reported ($0.27) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.17) by $0.10. Analysts predict that Rightside Group Ltd. will post ($0.85) EPS for the current fiscal year.
A hedge fund recently bought a new stake in Rightside Group stock. Sabal Capital Management LLC acquired 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 firm acquired 403,828 shares of the company’s stock, valued at approximately $3,352,000. Rightside Group accounts for approximately 5.6% of Sabal Capital Management LLC’s investment portfolio, making the stock its 10th largest position. Sabal Capital Management LLC owned 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.
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