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Resolute Holdings Management (NASDAQ:RHLD) Shares Down 1.7% - What's Next?

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.
  • Five stocks to consider instead of Resolute Holdings Management.

Resolute Holdings Management, Inc. (NASDAQ:RHLD - Get Free Report)'s share price fell 1.7% during trading on Wednesday . The stock traded as low as $66.79 and last traded at $66.91. 50,173 shares were traded during 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 has a debt-to-equity ratio of 42.76, a quick ratio of 2.71 and a current ratio of 3.40. The firm has a 50 day moving average of $55.01.

Resolute Holdings Management (NASDAQ:RHLD - Get Free Report) last released its 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

(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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