Resolute Holdings Management (NYSE:RHLD) Sets New 1-Year High - Still a Buy?

Key Points

• The shares of Resolute Holdings Management recently reached a new 52-week high of $77.03 during trading, reflecting a significant increase from the previous close of $74.26.
• Despite the stock's recent performance, Weiss Ratings has issued a "sell (e+)" rating, contributing to a consensus rating of "Sell" among analysts.
• For the last quarter, Resolute Holdings reported an earnings per share (EPS) of ($0.07) alongside revenues of $119.59 million, indicating potential challenges in financial performance.

Shares of Resolute Holdings Management, Inc. (NYSE:RHLD - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $77.03 and last traded at $77.50, with a volume of 6193 shares trading hands. The stock had previously closed at $74.26.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of Resolute Holdings Management in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Resolute Holdings Management presently has a consensus rating of "Sell".

Resolute Holdings Management Price Performance

The firm has a 50-day moving average of $60.42. The company has a debt-to-equity ratio of 42.76, a quick ratio of 2.71 and a current ratio of 3.40.

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

Resolute Holdings Management Company Profile

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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