Resolute Holdings Management (NYSE:RHLD) Shares Up 6.8% – What’s Next?

Resolute Holdings Management, Inc. (NYSE:RHLD)’s share price traded up 6.8% during trading on Tuesday . The stock traded as high as $156.58 and last traded at $161.78. 45,158 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 77,501 shares. The stock had previously closed at $151.42.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Resolute Holdings Management in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Resolute Holdings Management Stock Performance

The company has a debt-to-equity ratio of 4.17, a quick ratio of 3.05 and a current ratio of 3.67. The stock’s fifty day moving average is $94.02 and its two-hundred day moving average is $60.08. The firm has a market capitalization of $1.40 billion and a price-to-earnings ratio of -333.74.

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 firm had revenue of $120.87 million during the quarter.

Insider Transactions at Resolute Holdings Management

In other news, CFO Kurt Schoen purchased 1,000 shares of the stock in a transaction dated Friday, November 7th. The stock was acquired at an average cost of $164.95 per share, for a total transaction of $164,950.00. Following the acquisition, the chief financial officer owned 1,000 shares of the company’s stock, valued at $164,950. The trade was a ? increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Timothy O. Mahoney purchased 5,939 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were purchased at an average cost of $168.52 per share, for a total transaction of $1,000,840.28. Following the completion of the transaction, the director owned 5,939 shares in the company, valued at approximately $1,000,840.28. This represents a ? increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 50.80% of the stock is currently owned by company insiders.

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.