RTB Digital, Inc. Common Stock (NASDAQ:RTB) Raised to Hold at Wall Street Zen

RTB Digital, Inc. Common Stock (NASDAQ:RTB) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of RTB Digital, Inc. Common Stock in a report on Tuesday, April 21st. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce”.

RTB Digital, Inc. Common Stock Stock Performance

Shares of RTB stock opened at $16.31 on Friday. The stock has a market cap of $20.88 million, a P/E ratio of -0.56 and a beta of 2.15. RTB Digital, Inc. Common Stock has a 1 year low of $3.25 and a 1 year high of $20.75. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.92. The stock has a 50 day simple moving average of $9.39 and a 200 day simple moving average of $7.03.

RTB Digital, Inc. Common Stock (NASDAQ:RTB) last posted its quarterly earnings data on Wednesday, April 15th. The company reported ($2.03) EPS for the quarter. The business had revenue of $2.79 million during the quarter.

Institutional Trading of RTB Digital, Inc. Common Stock

A number of institutional investors and hedge funds have recently made changes to their positions in RTB. HRT Financial LP acquired a new stake in shares of RTB Digital, Inc. Common Stock during the 4th quarter worth approximately $25,000. Jane Street Group LLC bought a new position in RTB Digital, Inc. Common Stock in the fourth quarter valued at approximately $28,000. Geode Capital Management LLC raised its position in RTB Digital, Inc. Common Stock by 9.4% during the fourth quarter. Geode Capital Management LLC now owns 225,905 shares of the company’s stock valued at $40,000 after purchasing an additional 19,439 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in RTB Digital, Inc. Common Stock by 403,087.9% during the fourth quarter. NewEdge Advisors LLC now owns 701,547 shares of the company’s stock valued at $114,000 after purchasing an additional 701,373 shares in the last quarter. Institutional investors own 17.37% of the company’s stock.

About RTB Digital, Inc. Common Stock

Ryvyl Inc, a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions in North America, Europe, and Asia. The company's blockchain-based systems facilitate, record, and store a volume of tokenized assets representing cash or data on a blockchain-based ledger. Its products include QuickCard Payment System, a physical and virtual payment card processing management system, including software that facilitates on and off ramp e-wallet management; Coyni, a digital token platform, which offers custodial assurance by utilizing its stable coin and blockchain technology in a closed-loop ecosystem; and ChargeSavvy, an end-to-end POS solution comprising software and hardware for the restaurant and hospitality industry.