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

RTB Digital, Inc. Common Stock (NASDAQ:RTB) posted its quarterly earnings data on Friday. The company reported ($0.37) earnings per share 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%. The business had revenue of $3.41 million during the quarter.

RTB Digital, Inc. Common Stock Stock Performance

RTB Digital, Inc. Common Stock stock traded down $0.63 during trading hours on Friday, hitting $4.90. 40,650 shares of the stock traded hands, compared to its average volume of 34,770. The firm’s 50 day moving average price is $7.97 and its 200-day moving average price is $8.78. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.37 and a quick ratio of 1.37. The stock has a market capitalization of $71.00 million, a price-to-earnings ratio of -0.77 and a beta of 2.26. RTB Digital, Inc. Common Stock has a 1 year low of $3.25 and a 1 year high of $20.75.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of RTB Digital, Inc. Common Stock from a “sell (e+)” rating to a “sell (d)” rating in a 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 report on Saturday, July 18th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock has an average rating of “Sell”.

Insider Activity at RTB Digital, Inc. Common Stock

In other RTB Digital, Inc. Common Stock news, major shareholder Jason Christopher Dorsett purchased 11,000 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The shares were bought at an average price of $8.32 per share, for a total transaction of $91,520.00. Following the acquisition, the insider owned 4,204,028 shares in the company, valued at $34,977,512.96. This represents a 0.26% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. 46.15% of the stock is owned by company insiders.

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.