Rightside Group Ltd. (NAME) Sees Large Volume Increase
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.
Several analysts recently weighed in on the stock. B. Riley reiterated 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 cut shares of Rightside Group from a “hold” rating to a “sell” rating in a report on Tuesday, August 9th. Finally, Deutsche Bank AG lifted their price target on shares of Rightside Group from $7.50 to $11.00 and gave the company a “hold” rating in a report on Wednesday.
The company’s market cap is $228.76 million. The firm’s 50 day moving average is $11.41 and its 200-day moving average is $9.38.
Rightside Group (NASDAQ:NAME) last posted its 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 firm had revenue of $54.04 million for the quarter, compared to the consensus estimate of $55.46 million. On average, equities 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.
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