Rightside Group Ltd. (NAME) Stock Price Down 2.4%
Rightside Group Ltd. (NASDAQ:NAME) shares dropped 2.4% during trading on Friday . The stock traded as low as $10.88 and last traded at $10.91, with a volume of 54,182 shares. The stock had previously closed at $11.18.
Several analysts recently issued reports on the company. Zacks Investment Research cut Rightside Group from a “hold” rating to a “sell” rating in a research note on Tuesday, August 9th. Deutsche Bank AG raised their target price on Rightside Group from $7.50 to $11.00 and gave the stock a “hold” rating in a research note on Wednesday, August 10th. Finally, B. Riley reissued a “buy” rating and issued a $15.00 target price on shares of Rightside Group in a research note on Monday, August 15th.
The firm’s 50 day moving average is $11.57 and its 200-day moving average is $9.53. The stock’s market cap is $210.62 million.
Rightside Group (NASDAQ:NAME) last released its quarterly earnings data on Tuesday, August 9th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.22) by $0.09. The company had revenue of $54.04 million for the quarter, compared to the consensus estimate of $55.46 million. Equities analysts anticipate that Rightside Group Ltd. will post ($0.81) earnings per share 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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