RTB Digital, Inc. Common Stock (NASDAQ:RTB) Major Shareholder Purchases 19,000 Shares

RTB Digital, Inc. Common Stock (NASDAQ:RTB) major shareholder Jason Christopher Dorsett acquired 19,000 shares of RTB Digital, Inc. Common Stock stock in a transaction dated Thursday, September 17th. The shares were bought at an average price of $10.36 per share, for a total transaction of $196,840.00. Following the transaction, the insider owned 4,193,028 shares of the company’s stock, valued at approximately $43,439,770.08. The trade was a 0.46% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

RTB Digital, Inc. Common Stock Price Performance

Shares of NASDAQ:RTB traded down $0.37 during midday trading on Monday, reaching $7.65. 77,750 shares of the company were exchanged, compared to its average volume of 181,332. The stock has a market cap of $107.16 million, a PE ratio of -1.20 and a beta of 2.14. The business’s fifty day moving average is $13.85 and its two-hundred day moving average is $9.50. RTB Digital, Inc. Common Stock has a one year low of $3.25 and a one year high of $20.75. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.05.

RTB Digital, Inc. Common Stock (NASDAQ:RTB) last released its quarterly earnings data on Friday, August 14th. The company reported ($1.24) EPS for the quarter. The company had revenue of $2.33 million for the quarter. RTB Digital, Inc. Common Stock had a negative net margin of 216.56% and a negative return on equity of 342.57%.

Analysts Set New Price Targets

RTB has been the subject of several research reports. Weiss Ratings upgraded shares of RTB Digital, Inc. Common Stock from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday. Wall Street Zen upgraded shares of RTB Digital, Inc. Common Stock from a “sell” rating to a “hold” rating in a research report on Saturday, July 18th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, RTB Digital, Inc. Common Stock currently has an average rating of “Reduce”.

RTB Digital, Inc. Common Stock Company Profile

Ryvyl Inc, a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions in North America, Europe, and Asia. The company's blockchain-based systems facilitate, record, and store a volume of tokenized assets representing cash or data on a blockchain-based ledger. Its products include QuickCard Payment System, a physical and virtual payment card processing management system, including software that facilitates on and off ramp e-wallet management; Coyni, a digital token platform, which offers custodial assurance by utilizing its stable coin and blockchain technology in a closed-loop ecosystem; and ChargeSavvy, an end-to-end POS solution comprising software and hardware for the restaurant and hospitality industry.