RTB Digital, Inc. Common Stock (NASDAQ:RTB) Major Shareholder Purchases 19,000 Shares

by · The Markets Daily

RTB Digital, Inc. Common Stock (NASDAQ:RTB – Get Free Report) major shareholder Jason Christopher Dorsett acquired 19,000 shares of RTB Digital, Inc. Common Stock stock in a transaction dated Thursday, September 17th. The shares were bought at an average price of $10.36 per share, for a total transaction of $196,840.00. Following the transaction, the insider owned 4,193,028 shares of the company’s stock, 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 document filed with the SEC, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

RTB Digital, Inc. Common Stock Price Performance

Shares of NASDAQ:RTB traded down $0.37 during midday trading on Monday, reaching $7.65. 77,750 shares of the company were exchanged, compared to its average volume of 181,332. The stock has a market cap of $107.16 million, a PE ratio of -1.20 and a beta of 2.14. The business’s fifty day moving average is $13.85 and its two-hundred day moving average is $9.50. RTB Digital, Inc. Common Stock has a one year low of $3.25 and a one year high of $20.75. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.05.

RTB Digital, Inc. Common Stock (NASDAQ:RTB – Get Free Report) last released its quarterly earnings data on Friday, August 14th. The company reported ($1.24) EPS for the quarter. The company had revenue of $2.33 million 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%.

Analysts Set New Price Targets

RTB has been the subject of several research reports. Weiss Ratings upgraded shares of RTB Digital, Inc. Common Stock from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday. Wall Street Zen upgraded shares of RTB Digital, Inc. Common Stock from a “sell” rating to a “hold” rating in a research report on Saturday, July 18th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, RTB Digital, Inc. Common Stock currently has an average rating of “Reduce”.

Check Out Our Latest Analysis on RTB

RTB Digital, Inc. Common Stock Company Profile

(Get Free Report)

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.

Featured Stories