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

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

RTB Digital, Inc. Common Stock Price Performance

NASDAQ:RTB opened at $17.39 on Friday. The firm’s fifty day moving average is $13.94 and its two-hundred day moving average is $8.56. The firm has a market cap of $236.85 million, a price-to-earnings ratio of -0.60 and a beta of 2.18. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.04 and a current ratio of 1.04. RTB Digital, Inc. Common Stock has a one year low of $3.25 and a one year high of $20.75.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. HRT Financial LP purchased a new stake in shares of RTB Digital, Inc. Common Stock in the fourth quarter worth about $25,000. Jane Street Group LLC purchased a new position in RTB Digital, Inc. Common Stock during 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 acquiring an additional 19,439 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in 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 valued at $114,000 after acquiring an additional 701,373 shares during the period. Institutional investors and hedge funds own 17.37% of the company’s stock.

Analysts Set New Price Targets

RTB has been the subject of several research analyst reports. 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 reiterated a “sell (e+)” rating on shares of RTB Digital, Inc. Common Stock in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce”.

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.