Resolute Holdings Management (NYSE:RHLD) Sets New 1-Year High – What’s Next?

Shares of Resolute Holdings Management, Inc. (NYSE:RHLD) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $192.14 and last traded at $191.4950, with a volume of 56843 shares trading hands. The stock had previously closed at $180.06.

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 MarketBeat, the stock currently has a consensus rating of “Sell”.

Resolute Holdings Management Stock Up 6.4%

The firm’s 50 day simple moving average is $117.41 and its 200-day simple moving average is $71.47. The company has a current ratio of 3.67, a quick ratio of 3.05 and a debt-to-equity ratio of 4.17. The stock has a market capitalization of $1.63 billion and a price-to-earnings ratio of -390.81.

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

Insider Buying and Selling at Resolute Holdings Management

In related news, Director Timothy O. Mahoney bought 5,939 shares of Resolute Holdings Management stock in a transaction that occurred on Friday, November 7th. The shares were acquired at an average cost of $168.52 per share, for a total transaction of $1,000,840.28. Following the completion of the acquisition, the director directly owned 5,939 shares of the company’s stock, valued at approximately $1,000,840.28. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Kurt Schoen bought 1,000 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The shares were acquired at an average price of $164.95 per share, for a total transaction of $164,950.00. Following the transaction, the chief financial officer owned 1,000 shares in the company, valued at $164,950. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought 11,107 shares of company stock valued at $1,800,036 in the last ninety days. Insiders own 50.80% of the company’s stock.

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.