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

RTB Digital, Inc. Common Stock (NASDAQ:RTB) issued its quarterly earnings data on Friday. The company reported ($0.37) earnings per share for the quarter, Zacks reports. RTB Digital, Inc. Common Stock had a negative net margin of 216.56% and a negative return on equity of 342.57%.

RTB Digital, Inc. Common Stock Trading Down 11.4%

RTB traded down $0.63 on Friday, hitting $4.90. The company had a trading volume of 40,650 shares, compared to its average volume of 158,203. The company has a market cap of $71.00 million, a PE ratio of -0.77 and a beta of 2.26. RTB Digital, Inc. Common Stock has a 12-month low of $3.25 and a 12-month high of $20.75. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.05. The business’s fifty day simple moving average is $8.10 and its 200 day simple moving average is $8.79.

Insiders Place Their Bets

In related news, major shareholder Jason Christopher Dorsett acquired 11,000 shares of the firm’s stock in a transaction on Monday, September 21st. The shares were acquired at an average cost of $8.32 per share, for a total transaction of $91,520.00. Following the completion of the transaction, the insider directly owned 4,204,028 shares in the company, valued at approximately $34,977,512.96. This trade represents a 0.26% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 46.15% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms recently commented on RTB. Weiss Ratings upgraded RTB Digital, Inc. Common Stock from a “sell (e+)” rating to a “sell (d)” rating in a research report on Tuesday, September 29th. Wall Street Zen upgraded 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 Sell rating. According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

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.