RTB Digital, Inc. Common Stock (NASDAQ:RTB) Upgraded at Wall Street Zen

RTB Digital, Inc. Common Stock (NASDAQ:RTB) was upgraded by investment analysts at Wall Street Zen to a “sell” rating in a report released on Saturday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of RTB Digital, Inc. Common Stock in a research note on Tuesday, April 21st. One equities research 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, the stock currently has an average rating of “Reduce”.

RTB Digital, Inc. Common Stock Price Performance

Shares of RTB opened at $10.25 on Friday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.92. RTB Digital, Inc. Common Stock has a 12 month low of $3.25 and a 12 month high of $34.13. The stock’s 50 day moving average is $5.77 and its two-hundred day moving average is $6.26. The firm has a market cap of $13.12 million, a P/E ratio of -0.39 and a beta of 2.60.

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

Institutional Investors Weigh In On RTB Digital, Inc. Common Stock

Large investors have recently bought and sold shares of the company. NewEdge Advisors LLC raised 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 last quarter. Jane Street Group LLC purchased a new position in shares of RTB Digital, Inc. Common Stock in the fourth quarter valued at approximately $28,000. HRT Financial LP purchased a new position in shares of RTB Digital, Inc. Common Stock in the fourth quarter valued at approximately $25,000. Finally, Geode Capital Management LLC boosted its stake in shares of RTB Digital, Inc. Common Stock by 9.4% in the fourth 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 last quarter. 17.37% of the stock is currently owned by hedge funds and other institutional investors.

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.