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

Wall Street Zen upgraded shares of RTB Digital, Inc. Common Stock (NASDAQ:RTB) from a sell rating to a hold rating in a report issued on Saturday.

Separately, Weiss Ratings reiterated 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 assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

RTB Digital, Inc. Common Stock Stock Down 5.4%

Shares of NASDAQ:RTB opened at $16.31 on Friday. RTB Digital, Inc. Common Stock has a 1 year low of $3.25 and a 1 year high of $20.75. The stock has a 50-day simple moving average of $9.39 and a 200-day simple moving average of $7.02. 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 stock has a market capitalization of $20.88 million, a P/E ratio of -0.56 and a beta of 2.15.

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

Institutional Trading of RTB Digital, Inc. Common Stock

Institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC boosted its holdings in shares of 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 acquiring an additional 701,373 shares during the period. Geode Capital Management LLC boosted its position in RTB Digital, Inc. Common Stock by 9.4% during the 4th quarter. Geode Capital Management LLC now owns 225,905 shares of the company’s stock worth $40,000 after acquiring an additional 19,439 shares during the period. Jane Street Group LLC acquired a new position in RTB Digital, Inc. Common Stock during the 4th quarter worth $28,000. Finally, HRT Financial LP bought a new position in shares of RTB Digital, Inc. Common Stock in the fourth quarter worth $25,000. 17.37% of the stock is owned by institutional investors and hedge funds.

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.