Resolute Holdings Management (NYSE:RHLD) Trading Down 9.2% – What’s Next?

Resolute Holdings Management, Inc. (NYSE:RHLDGet Free Report)’s stock price fell 9.2% during trading on Thursday . The company traded as low as $159.80 and last traded at $163.20. 73,366 shares changed hands during trading, a decline of 55% from the average session volume of 162,236 shares. The stock had previously closed at $179.66.

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Report on RHLD

Resolute Holdings Management Price Performance

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 has a fifty day moving average price of $197.60 and a 200 day moving average price of $145.62. The company has a market capitalization of $1.44 billion and a P/E ratio of -346.39.

Institutional Investors Weigh In On Resolute Holdings Management

A number of hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC acquired a new stake in shares of Resolute Holdings Management in the 4th quarter worth about $27,000. GAMMA Investing LLC bought a new position in Resolute Holdings Management in the 4th quarter worth about $35,000. Kestra Advisory Services LLC acquired a new stake in shares of Resolute Holdings Management in the fourth quarter valued at approximately $52,000. California State Teachers Retirement System bought a new stake in shares of Resolute Holdings Management during the fourth quarter valued at approximately $54,000. Finally, Atlas Capital Advisors Inc. acquired a new position in shares of Resolute Holdings Management during the fourth quarter worth approximately $86,000.

About Resolute Holdings Management

(Get Free Report)

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.

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