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) EPS for the quarter, Zacks reports. RTB Digital, Inc. Common Stock had a negative net margin of 216.56% and a negative return on equity of 342.57%.

RTB Digital, Inc. Common Stock Stock Down 11.4%

Shares of RTB Digital, Inc. Common Stock stock traded down $0.63 during midday trading on Friday, hitting $4.90. The company’s stock had a trading volume of 40,650 shares, compared to its average volume of 158,204. RTB Digital, Inc. Common Stock has a 1-year low of $3.25 and a 1-year 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 P/E ratio of -0.77 and a beta of 2.26. The stock has a 50-day simple moving average of $8.10 and a 200-day simple moving average of $8.79.

Analyst Ratings Changes

Several research analysts have issued reports on RTB shares. Wall Street Zen raised RTB Digital, Inc. Common Stock from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. Weiss Ratings upgraded 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. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Insiders Place Their Bets

In other RTB Digital, Inc. Common Stock news, major shareholder Jason Christopher Dorsett acquired 19,000 shares of RTB Digital, Inc. Common Stock stock in a transaction that occurred on Thursday, September 17th. The stock was purchased at an average cost of $10.36 per share, with a total value of $196,840.00. Following the purchase, the insider owned 4,193,028 shares in the company, valued at approximately $43,439,770.08. The trade was a 0.46% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 46.15% 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.