RTB Digital, Inc. Common Stock (NASDAQ:RTB) Trading 3.7% Higher – Should You Buy?

Shares of RTB Digital, Inc. Common Stock (NASDAQ:RTB) traded up 3.7% during trading on Monday . The stock traded as high as $14.39 and last traded at $13.47. 38,559 shares changed hands during trading, a decline of 30% from the average session volume of 55,017 shares. The stock had previously closed at $12.99.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Wall Street Zen raised shares of RTB Digital, Inc. Common Stock from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. Weiss Ratings downgraded RTB Digital, Inc. Common Stock from a “sell (e+)” rating to a “sell (e)” rating in a research report on Monday, August 24th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, RTB Digital, Inc. Common Stock presently has an average rating of “Reduce”.

RTB Digital, Inc. Common Stock Stock Performance

The company has a market capitalization of $171.48 million, a P/E ratio of -1.92 and a beta of 2.14. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.37 and a current ratio of 1.37. The business’s fifty day simple moving average is $15.39 and its 200-day simple moving average is $9.20.

RTB Digital, Inc. Common Stock (NASDAQ:RTB) last issued its quarterly earnings data on Friday, August 14th. The company reported ($1.24) earnings per share for the quarter. RTB Digital, Inc. Common Stock had a negative net margin of 216.56% and a negative return on equity of 342.57%. The firm had revenue of $2.33 million for the quarter.

Institutional Trading of RTB Digital, Inc. Common Stock

Large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its holdings in shares of RTB Digital, Inc. Common Stock by 403,087.9% during the 4th quarter. NewEdge Advisors LLC now owns 701,547 shares of the company’s stock worth $114,000 after acquiring an additional 701,373 shares in the last quarter. Geode Capital Management LLC increased its position in RTB Digital, Inc. Common Stock by 9.4% in the fourth quarter. Geode Capital Management LLC now owns 225,905 shares of the company’s stock worth $40,000 after purchasing an additional 19,439 shares during the last quarter. Jane Street Group LLC bought a new stake in RTB Digital, Inc. Common Stock in the fourth quarter worth $28,000. Finally, HRT Financial LP purchased a new stake in RTB Digital, Inc. Common Stock during the fourth quarter valued at $25,000. Institutional investors own 17.37% of the company’s stock.

About RTB Digital, Inc. Common Stock

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.