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

RTB Digital, Inc. Common Stock (NASDAQ:RTB) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of RTB Digital, Inc. Common Stock in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

RTB Digital, Inc. Common Stock Trading Down 5.4%

NASDAQ:RTB opened at $16.31 on Friday. RTB Digital, Inc. Common Stock has a 1-year low of $3.25 and a 1-year high of $20.75. The business’s 50-day moving average price is $9.39 and its two-hundred day moving average price is $7.02. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $20.88 million, a price-to-earnings ratio of -0.56 and a beta of 2.15.

RTB Digital, Inc. Common Stock (NASDAQ:RTB) last issued its earnings results on Wednesday, April 15th. The company reported ($2.03) earnings per share (EPS) for the quarter. The business had revenue of $2.79 million during the quarter.

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

A number of hedge funds have recently modified their holdings of the business. HRT Financial LP bought a new position in shares of RTB Digital, Inc. Common Stock during the 4th quarter valued at about $25,000. Jane Street Group LLC bought a new stake in RTB Digital, Inc. Common Stock during the 4th quarter worth approximately $28,000. Geode Capital Management LLC increased its stake in RTB Digital, Inc. Common Stock by 9.4% during the 4th quarter. Geode Capital Management LLC now owns 225,905 shares of the company’s stock worth $40,000 after purchasing an additional 19,439 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings 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 buying an additional 701,373 shares during the period. Institutional investors and hedge funds own 17.37% of the company’s stock.

About RTB Digital, Inc. Common Stock

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.