Resolute Holdings Management (NYSE:RHLD) Hits New 52-Week High – Time to Buy?

Resolute Holdings Management, Inc. (NYSE:RHLD)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $216.50 and last traded at $211.2950, with a volume of 42430 shares traded. The stock had previously closed at $205.62.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Resolute Holdings Management in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Resolute Holdings Management Trading Up 2.9%

The firm has a 50 day moving average of $145.34 and a 200-day moving average of $84.06. The firm has a market capitalization of $1.80 billion and a P/E ratio of -431.66. The company has a quick ratio of 3.05, a current ratio of 3.67 and a debt-to-equity ratio of 4.17.

Resolute Holdings Management (NYSE:RHLD) last issued its quarterly earnings results on Monday, November 3rd. The company reported $0.13 EPS for the quarter. Resolute Holdings Management had a negative return on equity of 646.55% and a net margin of 23.82%.The company had revenue of $120.87 million for the quarter.

Insider Buying and Selling at Resolute Holdings Management

In other Resolute Holdings Management news, Director Timothy O. Mahoney purchased 5,939 shares of the stock in a transaction dated Friday, November 7th. The stock was bought at an average price of $168.52 per share, with a total value of $1,000,840.28. Following the acquisition, the director owned 5,939 shares of the company’s stock, valued at approximately $1,000,840.28. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Kurt Schoen acquired 1,000 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were acquired at an average price of $164.95 per share, with a total value of $164,950.00. Following the completion of the transaction, the chief financial officer owned 1,000 shares in the company, valued at $164,950. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders bought 11,107 shares of company stock worth $1,800,036. Corporate insiders own 50.80% of the company’s stock.

Resolute Holdings Management Company Profile

Resolute Holdings Management, Inc operates as an alternative asset management platform company. The company was incorporated in 2024 and is based in New York, New York.