Resolute Holdings Management (NYSE:RHLD) Stock Price Up 9.2% – Should You Buy?

Resolute Holdings Management, Inc. (NYSE:RHLDGet Free Report) shares were up 9.2% during trading on Monday . The stock traded as high as $120.91 and last traded at $121.26. Approximately 50,174 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 182,031 shares. The stock had previously closed at $111.09.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued 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, Based on data from MarketBeat, Resolute Holdings Management presently has an average rating of “Sell”.

View Our Latest Analysis on RHLD

Resolute Holdings Management Price Performance

The company has a current ratio of 3.84, a quick ratio of 3.27 and a debt-to-equity ratio of 2.18. The business’s 50 day moving average price is $189.67 and its two-hundred day moving average price is $150.68. The stock has a market cap of $1.04 billion and a P/E ratio of -177.39.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Locust Wood Capital Advisers LLC bought a new stake in Resolute Holdings Management in the 4th quarter worth about $112,292,000. Balance Capital Partners L.P. bought a new position in shares of Resolute Holdings Management during the 4th quarter valued at $52,169,000. Vanguard Group Inc. purchased a new position in Resolute Holdings Management during the fourth quarter valued at $47,149,000. Corsair Capital Management L.P. purchased a new position in shares of Resolute Holdings Management during the 4th quarter valued at $42,891,000. Finally, UBS Group AG bought a new stake in Resolute Holdings Management during the 4th quarter valued at approximately $28,228,000.

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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