Red Violet Inc (RDVT) saw an uptrend of 6.22% in the recent trading with $19.64 being its most recent. The current price level -15.71% lower than the highest price of $23.30 marked by the stock while trading over the past 52-weeks, whereas it is 29.21% higher than the lowest price of $15.20 the company dropped to over past 52-weeks. The latest news story on RDVT appeared in (GlobeNewswire) under the title “FOREWARN Partners with Austin Board of REALTORS”.
Squeezing the time span to 30 day period shows us the stock is currently trading -1.75% below one month high and is +12.55% above of the lowest during that time. Looking into the simple moving average, Red Violet Inc (RDVT)’s stock stands at a SMA-50 of $18.26 while that of 5-day is reading $18.37.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and RDVT’s SMA-200 as of now is $19.73.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.
Red Violet Inc Earnings – What Happened With RDVT
Coming around sales and income figures on RDVT Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
RDVT – Red Violet Inc Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 13.97 million. RDVT does have institutional investors; and they hold 55.57% of the stock.
Red Violet Inc – Insider Activity and Holdings
As on Dec 30, 2023, Nantahala Capital Management, LLC was the top most holder in Red Violet Inc (NASDAQ:RDVT) with an ownership of 2.41 million shares of the company or 17.27% of the stake worth $47.36 million. The filing also reveals Trigran Investments Inc as the second largest holder in the company with a control over 15.13% of the outstanding shares. Its stake is worth $41.5 million for having 2.11 million shares in hand.
Ashford Capital Management Inc. also came holding a key position in the company during the recent quarter and it now holds 7.93% of the outstanding shares. With this there are now 90 institutions which have possession in RDVT’s shares.
Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Red Violet Inc has a debt to equity ratio of 0.03.
Technical Analysis of Red Violet Inc (NASDAQ:RDVT) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Red Violet Inc (RDVT), we notice that the stock’s 20-day average volume is at 77,200 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 43,636 shares. And to end with, RDVT’s 100-day average volume are 33,758 shares.
