RTB Digital, Inc. Common Stock (NASDAQ:RTB) Major Shareholder Acquires 11,000 Shares

RTB Digital, Inc. Common Stock (NASDAQ:RTB) major shareholder Jason Christopher Dorsett purchased 11,000 shares of the company’s stock in a transaction on Monday, September 21st. The stock was acquired at an average cost of $8.32 per share, for a total transaction of $91,520.00. Following the completion of the purchase, the insider owned 4,204,028 shares of the company’s stock, valued at approximately $34,977,512.96. This trade represents a 0.26% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Jason Christopher Dorsett also recently made the following trade(s):

• On Thursday, September 17th, Jason Christopher Dorsett acquired 19,000 shares of RTB Digital, Inc. Common Stock stock. The shares were bought at an average cost of $10.36 per share, with a total value of $196,840.00.

RTB Digital, Inc. Common Stock Stock Up 7.4%

Shares of RTB Digital, Inc. Common Stock stock traded up $0.71 during trading on Wednesday, reaching $10.26. 139,655 shares of the company traded hands, compared to its average volume of 181,485. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.37 and a quick ratio of 1.37. RTB Digital, Inc. Common Stock has a 1-year low of $3.25 and a 1-year high of $20.75. The company has a 50 day moving average price of $13.60 and a 200-day moving average price of $9.55. The firm has a market capitalization of $143.74 million, a PE ratio of -1.61 and a beta of 2.14.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Wall Street Zen upgraded RTB Digital, Inc. Common Stock from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. Weiss Ratings upgraded shares of RTB Digital, Inc. Common Stock from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, September 16th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, RTB Digital, Inc. Common Stock 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.