Resolute Holdings Management (NYSE:RHLD) Stock Price Down 11% – Should You Sell?

Resolute Holdings Management, Inc. (NYSE:RHLD) fell 11% during mid-day trading on Friday . The company traded as low as $165.96 and last traded at $167.5960. 70,403 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 148,608 shares. The stock had previously closed at $188.38.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Resolute Holdings Management in a report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Resolute Holdings Management Price Performance

The firm has a market cap of $1.44 billion and a P/E ratio of -344.77. The company has a debt-to-equity ratio of 4.17, a current ratio of 3.67 and a quick ratio of 3.05. The company’s 50-day moving average is $199.93 and its two-hundred day moving average is $143.13.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in RHLD. Locust Wood Capital Advisers LLC acquired a new stake in shares of Resolute Holdings Management in the 4th quarter valued at $112,292,000. Balance Capital Partners L.P. bought a new stake in shares of Resolute Holdings Management during the 4th quarter worth $52,169,000. Vanguard Group Inc. bought a new stake in shares of Resolute Holdings Management during the 4th quarter worth $47,149,000. Corsair Capital Management L.P. acquired a new stake in Resolute Holdings Management in the fourth quarter valued at about $42,891,000. Finally, UBS Group AG bought a new position in Resolute Holdings Management in the fourth quarter valued at about $28,228,000.

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.