Resolute Holdings Management (NYSE:RHLD) Trading Down 11% – What’s Next?

Resolute Holdings Management, Inc. (NYSE:RHLD) fell 11% on Friday . The stock traded as low as $165.96 and last traded at $167.5960. 70,403 shares were traded during mid-day trading, a decline of 53% from the average session volume of 148,608 shares. The stock had previously closed at $188.38.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Resolute Holdings Management in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Resolute Holdings Management Stock Performance

The company has a debt-to-equity ratio of 4.17, a current ratio of 3.67 and a quick ratio of 3.05. The firm has a fifty day moving average of $200.90 and a 200 day moving average of $141.73. The stock has a market cap of $1.44 billion and a price-to-earnings ratio of -343.92.

Institutional Investors Weigh In On Resolute Holdings Management

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. purchased a new position in shares of Resolute Holdings Management during the 3rd quarter worth $173,000. GAMMA Investing LLC acquired a new stake in shares of Resolute Holdings Management during the fourth quarter valued at about $35,000. SG Americas Securities LLC purchased a new stake in shares of Resolute Holdings Management in the 4th quarter valued at approximately $267,000. Leo Wealth LLC acquired a new position in shares of Resolute Holdings Management in the 4th quarter worth approximately $2,238,000. Finally, State of Alaska Department of Revenue acquired a new stake in Resolute Holdings Management in the 4th quarter valued at approximately $282,000.

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.