Resolute Holdings Management (NYSE:RHLD) Stock Rating Upgraded by Wall Street Zen

Resolute Holdings Management (NYSE:RHLD) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Resolute Holdings Management in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Resolute Holdings Management Price Performance

Resolute Holdings Management stock opened at $133.87 on Friday. Resolute Holdings Management has a 52-week low of $55.08 and a 52-week high of $236.19. The firm has a fifty day moving average of $132.63 and a 200-day moving average of $145.50. The firm has a market capitalization of $1.05 billion, a P/E ratio of 24.65 and a beta of -1.29. The company has a quick ratio of 0.82, a current ratio of 1.35 and a debt-to-equity ratio of 0.71.

Resolute Holdings Management (NYSE:RHLD) last issued its earnings results on Thursday, August 6th. The company reported $0.69 EPS for the quarter. The business had revenue of $473.20 million for the quarter. Resolute Holdings Management had a net margin of 4.21% and a return on equity of 3.55%.

Institutional Trading of Resolute Holdings Management

Several large investors have recently bought and sold shares of RHLD. KBC Group NV purchased a new stake in shares of Resolute Holdings Management during the first quarter valued at approximately $25,000. Farther Finance Advisors LLC purchased a new position in shares of Resolute Holdings Management in the fourth quarter valued at $27,000. Kestra Advisory Services LLC acquired a new stake in Resolute Holdings Management during the 4th quarter valued at $52,000. California State Teachers Retirement System acquired a new stake in Resolute Holdings Management during the 4th quarter valued at $54,000. Finally, Bard Associates Inc. acquired a new stake in Resolute Holdings Management during the 2nd quarter valued at $84,000.

Resolute Holdings Management Company Profile

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.