Free Trial

Resolute Holdings Management (NYSE:RHLD) Sets New 52-Week High - Should You Buy?

Resolute Holdings Management logo with Finance background

Key Points

  • Resolute Holdings Management's stock reached a new 52-week high of $90.00 during trading, closing at $85.17.
  • Weiss Ratings has issued a "sell (e+)" rating for the stock, reflecting a consensus average rating of "Sell" among analysts.
  • For its latest quarter, Resolute Holdings reported earnings of ($0.07) per share with revenue of $119.59 million.
  • MarketBeat previews the top five stocks to own by November 1st.

Resolute Holdings Management, Inc. (NYSE:RHLD - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $90.00 and last traded at $85.17, with a volume of 3794 shares. The stock had previously closed at $84.05.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of Resolute Holdings Management in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of "Sell".

Check Out Our Latest Report on Resolute Holdings Management

Resolute Holdings Management Trading Down 1.9%

The stock's fifty day simple moving average is $66.55. 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 (NYSE:RHLD - Get Free Report) last announced its quarterly earnings data 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.

Recommended Stories

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.

Should You Invest $1,000 in Resolute Holdings Management Right Now?

Before you consider Resolute Holdings Management, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Resolute Holdings Management wasn't on the list.

While Resolute Holdings Management currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.