RealNetworks Inc. Sets New 1-Year High at $8.70 (RNWK)
RealNetworks (NASDAQ:RNWK) set a new 52-week high during trading hours on Monday, AnalystRatings.Net reports. The company traded as high as $8.70 and last traded at $8.57, with a volume of 68,192 shares. The stock had previously closed at $8.53.
Separately, analysts at TheStreet downgraded shares of RealNetworks (NASDAQ:RNWK) from a “hold” rating to a “sell” rating in a research note to investors on Friday, August 9th.
RealNetworks has a 52 week low of $6.75 and a 52 week high of $8.69. The stock has a 50-day moving average of $7.68 and a 200-day moving average of $7.54. The company’s market cap is $304.9 million.
RealNetworks (NASDAQ:RNWK) last released its earnings data on Wednesday, August 7th. The company reported ($0.52) earnings per share for the quarter. The company had revenue of $49.90 million for the quarter, compared to the consensus estimate of $65.53 million.
RealNetworks, Inc (NASDAQ:RNWK) is a provider of network-delivered digital media products and services.
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