Resolute Holdings Management (NASDAQ:RHLD) Shares Up 9.8% - Should You Buy?

Key Points

• Shares of Resolute Holdings Management (NASDAQ:RHLD) surged by 9.8% during trading, reaching a high of $74.80.
• The company reported a revenue of $119.59 million in its last quarterly earnings, with an earnings per share (EPS) of ($0.07).
• Resolute Holdings has a high debt-to-equity ratio of 42.76, alongside a healthy current ratio of 3.40.

Shares of Resolute Holdings Management, Inc. (NASDAQ:RHLD - Get Free Report) shot up 9.8% during trading on Monday . The company traded as high as $73.98 and last traded at $74.80. 17,600 shares were traded during mid-day trading, a decline of 77% from the average session volume of 77,470 shares. The stock had previously closed at $68.14.

Resolute Holdings Management Stock Up 6.3%

The company has a debt-to-equity ratio of 42.76, a quick ratio of 2.71 and a current ratio of 3.40. The company has a fifty day moving average price of $57.90.

Resolute Holdings Management (NASDAQ:RHLD - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.