Reservoir Media (NASDAQ:RSVR) Sees Large Volume Increase

Reservoir Media Inc (NASDAQ:RSVR) shares saw an uptick in trading volume on Monday . 23,340 shares traded hands during trading, a decline of 87% from the previous session’s volume of 186,352 shares.The stock last traded at $9.28 and had previously closed at $8.94.

A number of research firms have weighed in on RSVR. Craig Hallum assumed coverage on shares of Reservoir Media in a report on Monday, August 23rd. They set a “buy” rating and a C$13.00 price objective on the stock. Roth Capital began coverage on shares of Reservoir Media in a research note on Monday, August 23rd. They issued a “buy” rating and a $13.00 target price for the company.

About Reservoir Media (NASDAQ:RSVR)

Roth CH Acquisition Co II entered into a definitive agreement and plan of merger for a business combination with Reservoir Holdings Inc

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