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

Resolute Holdings Management, Inc. (NYSE:RHLD) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $175.48 and last traded at $171.5550, with a volume of 85144 shares traded. The stock had previously closed at $168.76.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Resolute Holdings Management in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Resolute Holdings Management presently has a consensus rating of “Sell”.

Resolute Holdings Management Trading Down 3.3%

The firm has a market cap of $1.44 billion and a price-to-earnings ratio of -365.27. The business’s 50 day moving average price is $82.06 and its 200-day moving average price is $54.14. The company has a debt-to-equity ratio of 4.17, a quick ratio of 3.05 and a current ratio of 3.67.

Resolute Holdings Management (NYSE:RHLD) last posted its quarterly earnings results on Monday, November 3rd. The company reported $0.13 EPS for the quarter. The business had revenue of $120.87 million during the quarter. Resolute Holdings Management had a negative return on equity of 646.55% and a net margin of 23.82%.

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.