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Resolute Holdings Management (NASDAQ:RHLD) Trading Down 1.7% - Here's What Happened

Resolute Holdings Management logo with Finance background

Key Points

  • Shares of Resolute Holdings Management (NASDAQ:RHLD) fell 1.7% during mid-day trading, reaching a low of $66.79 before closing at $66.91.
  • In its most recent earnings report, the company posted ($0.07) earnings per share with revenues of $119.59 million for the quarter.
  • Resolute Holdings Management has a strong liquidity position, evidenced by a quick ratio of 2.71 and a current ratio of 3.40.
  • MarketBeat previews top five stocks to own in October.

Resolute Holdings Management, Inc. (NASDAQ:RHLD - Get Free Report) shares traded down 1.7% during trading on Wednesday . The company traded as low as $66.79 and last traded at $66.91. 50,173 shares changed hands during mid-day trading, a decline of 16% from the average session volume of 59,441 shares. The stock had previously closed at $68.05.

Resolute Holdings Management Stock Performance

The company's 50-day moving average is $54.36. 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 announced its quarterly earnings data on Thursday, August 7th. The company reported ($0.07) EPS for the quarter. The business had revenue of $119.59 million during the quarter.

About Resolute Holdings Management

(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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