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

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

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of RTB Digital, Inc. Common Stock in a research report on Tuesday, April 21st. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.

RTB Digital, Inc. Common Stock Trading Down 5.4%

Shares of 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 company has a 50-day moving average of $9.39 and a two-hundred day moving average of $7.02. The company has a market cap of $20.88 million, a PE ratio of -0.56 and a beta of 2.15. 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 (NASDAQ:RTB) last issued its quarterly earnings results on Wednesday, April 15th. The company reported ($2.03) earnings per share for the quarter. The company had revenue of $2.79 million for the quarter.

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

Several institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC raised its stake 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 worth $114,000 after buying an additional 701,373 shares during the last quarter. Jane Street Group LLC bought a new position in RTB Digital, Inc. Common Stock in the fourth quarter valued at approximately $28,000. HRT Financial LP bought a new position in RTB Digital, Inc. Common Stock in the fourth quarter valued at approximately $25,000. Finally, Geode Capital Management LLC grew its holdings 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 acquiring an additional 19,439 shares during the period. Institutional investors and hedge funds own 17.37% of the company’s stock.

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.