RTB Digital, Inc. Common Stock (NASDAQ:RTB) Posts Earnings Results

RTB Digital, Inc. Common Stock (NASDAQ:RTB) released its quarterly earnings results on Friday. The company reported ($0.37) EPS for the quarter, Zacks reports. RTB Digital, Inc. Common Stock had a negative return on equity of 342.57% and a negative net margin of 216.56%.

RTB Digital, Inc. Common Stock Trading Down 11.4%

RTB traded down $0.63 during trading hours on Friday, reaching $4.90. 40,650 shares of the company’s stock traded hands, compared to its average volume of 158,203. The firm has a 50-day moving average price of $8.10 and a 200 day moving average price of $8.79. RTB Digital, Inc. Common Stock has a 52-week low of $3.25 and a 52-week high of $20.75. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $71.00 million, a PE ratio of -0.77 and a beta of 2.26.

Analyst Ratings Changes

A number of research firms recently weighed in on RTB. Weiss Ratings raised shares of RTB Digital, Inc. Common Stock from a “sell (e+)” rating to a “sell (d)” rating in a research report on Tuesday, September 29th. Wall Street Zen raised shares of RTB Digital, Inc. Common Stock from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Insider Buying and Selling

In other RTB Digital, Inc. Common Stock news, major shareholder Jason Christopher Dorsett bought 19,000 shares of RTB Digital, Inc. Common Stock stock in a transaction on Thursday, September 17th. The shares were acquired at an average price of $10.36 per share, for a total transaction of $196,840.00. Following the completion of the purchase, the insider directly owned 4,193,028 shares in the company, valued at approximately $43,439,770.08. This trade represents a 0.46% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 46.15% of the stock is owned by company insiders.

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.