Resolute Holdings Management (NYSE:RHLD) Announces Earnings Results

Resolute Holdings Management (NYSE:RHLD) announced its quarterly earnings results on Thursday. The company reported ($0.04) earnings per share for the quarter, FiscalAI reports. Resolute Holdings Management had a negative net margin of 1.28% and a negative return on equity of 81.82%. The company had revenue of $117.71 million during the quarter.

Resolute Holdings Management Stock Performance

NYSE RHLD opened at $111.07 on Friday. Resolute Holdings Management has a 1-year low of $24.22 and a 1-year high of $236.19. The company has a 50 day moving average of $189.67 and a 200-day moving average of $149.50. The company has a current ratio of 3.67, a quick ratio of 3.05 and a debt-to-equity ratio of 4.17. The firm has a market cap of $944.06 million and a price-to-earnings ratio of -160.97.

Institutional Investors Weigh In On Resolute Holdings Management

A number of large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. bought a new position in shares of Resolute Holdings Management in the third quarter worth about $173,000. GAMMA Investing LLC bought a new stake in shares of Resolute Holdings Management during the fourth quarter valued at approximately $35,000. SG Americas Securities LLC acquired a new stake in shares of Resolute Holdings Management in the fourth quarter valued at approximately $267,000. Leo Wealth LLC acquired a new stake in shares of Resolute Holdings Management in the fourth quarter valued at approximately $2,238,000. Finally, State of Alaska Department of Revenue bought a new position in Resolute Holdings Management in the 4th quarter worth approximately $282,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Resolute Holdings Management in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

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.