RTB Digital, Inc. Common Stock (NASDAQ:RTB) Issues Quarterly Earnings Results

RTB Digital, Inc. Common Stock (NASDAQ:RTB) issued its quarterly earnings data on Friday. The company reported ($1.24) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $2.33 million for the quarter.

RTB Digital, Inc. Common Stock Price Performance

NASDAQ RTB traded up $0.09 on Friday, hitting $17.39. The stock had a trading volume of 22,675 shares, compared to its average volume of 68,277. RTB Digital, Inc. Common Stock has a 52-week low of $3.25 and a 52-week high of $20.75. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market capitalization of $236.85 million, a price-to-earnings ratio of -0.60 and a beta of 2.18. The firm has a 50-day moving average of $13.94 and a 200-day moving average of $8.56.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on RTB. Wall Street Zen upgraded RTB Digital, Inc. Common Stock from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of RTB Digital, Inc. Common Stock in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Hedge Funds Weigh In On RTB Digital, Inc. Common Stock

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HRT Financial LP purchased a new stake in shares of RTB Digital, Inc. Common Stock during the 4th quarter valued at $25,000. Jane Street Group LLC purchased a new position in RTB Digital, Inc. Common Stock in the 4th quarter worth approximately $28,000. NewEdge Advisors LLC grew its holdings in shares of RTB Digital, Inc. Common Stock by 403,087.9% in the fourth quarter. NewEdge Advisors LLC now owns 701,547 shares of the company’s stock worth $114,000 after purchasing an additional 701,373 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of RTB Digital, Inc. Common Stock by 9.4% in the fourth quarter. Geode Capital Management LLC now owns 225,905 shares of the company’s stock worth $40,000 after purchasing an additional 19,439 shares during the last quarter. 17.37% of the stock is currently owned by hedge funds and other institutional investors.

RTB Digital, Inc. Common Stock Company Profile

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.