Resolute Holdings Management (NASDAQ:RHLD) Sets New 12-Month High - Here's Why

Key Points

• Resolute Holdings Management shares reached a new 52-week high of $71.02 during trading, with a last trading price of $68.52.
• The company reported a quarterly revenue of $119.59 million but had an earnings per share of ($0.07).
• Resolute Holdings operates as an alternative asset management platform and was incorporated in 2024, based in New York.

Shares of Resolute Holdings Management, Inc. (NASDAQ:RHLD - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $71.02 and last traded at $68.52, with a volume of 92947 shares traded. The stock had previously closed at $60.28.

Resolute Holdings Management Price Performance

The company has a 50-day simple moving average of $42.93. The company has a debt-to-equity ratio of 42.76, a current ratio of 3.40 and a quick ratio of 2.71.

Resolute Holdings Management (NASDAQ:RHLD - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported ($0.07) earnings per share for the quarter. The business had revenue of $119.59 million during the quarter.

About Resolute Holdings Management

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.

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