RTB Digital, Inc. Common Stock (NASDAQ:RTB) Upgraded at Wall Street Zen

by · The Markets Daily

Wall Street Zen upgraded shares of RTB Digital, Inc. Common Stock (NASDAQ:RTB – Free Report) from a sell rating to a hold rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings restated 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, RTB Digital, Inc. Common Stock has an average rating of “Reduce”.

View Our Latest Stock Report on RTB Digital, Inc. Common Stock

RTB Digital, Inc. Common Stock Price Performance

RTB Digital, Inc. Common Stock stock opened at $14.90 on Friday. RTB Digital, Inc. Common Stock has a 12-month low of $3.25 and a 12-month high of $20.75. The stock has a market capitalization of $19.07 million, a P/E ratio of -0.52 and a beta of 2.15. The firm’s 50-day moving average is $9.55 and its two-hundred day moving average is $7.09. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.04 and a quick ratio of 1.04.

RTB Digital, Inc. Common Stock (NASDAQ:RTB – Get Free Report) last posted its quarterly earnings data on Wednesday, April 15th. The company reported ($2.03) earnings per share for the quarter. The firm had revenue of $2.79 million for the quarter.

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

A number of large investors have recently bought and sold shares of the stock. Geode Capital Management LLC boosted its holdings in 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 valued at $40,000 after acquiring an additional 19,439 shares during the last quarter. HRT Financial LP purchased a new stake in RTB Digital, Inc. Common Stock during the fourth quarter valued at about $25,000. Jane Street Group LLC acquired a new stake in RTB Digital, Inc. Common Stock during the fourth quarter worth about $28,000. Finally, NewEdge Advisors LLC raised its holdings in shares of RTB Digital, Inc. Common Stock by 403,087.9% in the 4th 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 period. Hedge funds and other institutional investors own 17.37% of the company’s stock.

About RTB Digital, Inc. Common Stock

(Get Free Report)

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.

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