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Resolute Holdings Management (NASDAQ:RHLD) Trading Down 4.7% - Here's Why

Resolute Holdings Management logo with Finance background

Key Points

  • Resolute Holdings Management's share price fell by 4.7% during trading on Monday, dropping to a last traded price of $65.67.
  • The company, which reported earnings on August 7, posted an EPS of ($0.07) and generated $119.59 million in revenue for the quarter.
  • With a quick ratio of 2.71 and a current ratio of 3.40, Resolute Holdings Management shows a solid liquidity position despite its recent stock price decline.
  • Five stocks to consider instead of Resolute Holdings Management.

Resolute Holdings Management, Inc. (NASDAQ:RHLD - Get Free Report) shares dropped 4.7% during trading on Monday . The company traded as low as $65.00 and last traded at $65.67. Approximately 63,193 shares were traded during trading, a decline of 19% from the average daily volume of 77,950 shares. The stock had previously closed at $68.94.

Resolute Holdings Management Price Performance

The business's 50-day moving average price is $55.01. The company has a quick ratio of 2.71, a current ratio of 3.40 and a debt-to-equity ratio of 42.76.

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

Resolute Holdings Management Company Profile

(Get Free Report)

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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