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

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

RTB Digital, Inc. Common Stock Stock Performance

RTB Digital, Inc. Common Stock stock traded up $0.09 during trading hours on Friday, reaching $17.39. 22,675 shares of the stock were exchanged, compared to its average volume of 186,431. RTB Digital, Inc. Common Stock has a 52-week low of $3.25 and a 52-week high of $20.75. The stock has a market cap of $236.85 million, a P/E 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. The firm’s 50 day moving average is $13.66 and its 200 day moving average is $8.50.

Institutional Inflows and Outflows

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

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of RTB Digital, Inc. Common Stock in a research report on Tuesday, April 21st. Wall Street Zen raised shares of RTB Digital, Inc. Common Stock from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, RTB Digital, Inc. Common Stock presently 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.