Rightside Group Ltd. (NAME) Shares Up 3.1%
Rightside Group Ltd. (NASDAQ:NAME) shot up 3.1% on Tuesday . The stock traded as high as $10.19 and last traded at $9.79, with a volume of 242,611 shares trading hands. The stock had previously closed at $9.50.
Several research firms have recently weighed in on NAME. B. Riley reissued a “buy” rating and issued a $15.00 price objective on shares of Rightside Group in a report on Monday, June 27th. Zacks Investment Research downgraded Rightside Group from a “hold” rating to a “sell” rating in a report on Tuesday, August 9th. Finally, Deutsche Bank AG increased their price objective on Rightside Group from $7.50 to $11.00 and gave the company a “hold” rating in a report on Wednesday, August 10th.
The firm has a 50 day moving average of $11.49 and a 200 day moving average of $9.57. The company’s market capitalization is $188.22 million.
Rightside Group (NASDAQ:NAME) last released its quarterly earnings results on Tuesday, August 9th. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.22) by $0.09. The company had revenue of $54.04 million for the quarter, compared to analyst estimates of $55.46 million. On average, analysts anticipate that Rightside Group Ltd. will post ($0.81) 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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