Red Violet Inc [RDVT] stock prices are up 1.91% to $43.16 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RDVT shares have gain 9.52% over the last week, with a monthly amount glided 26.14%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Red Violet Inc [NASDAQ: RDVT] stock has seen the most recent analyst activity on March 26, 2024, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $25.
The stock price of Red Violet Inc [RDVT] has been fluctuating between $16.42 and $42.70 over the past year. Red Violet Inc [NASDAQ: RDVT] shares were valued at $43.16 at the most recent close of the market.
Analyzing the RDVT fundamentals
The Red Violet Inc [NASDAQ:RDVT] reported sales of 70.69M for trailing twelve months, representing a surge of 20.33%. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.06 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 42.51 points at the first support level, and at 41.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.54, and for the 2nd resistance point, it is at 43.93.
Ratios To Look Out For
It’s worth pointing out that Red Violet Inc [NASDAQ:RDVT]’s Current Ratio is 9.95. In addition, the Quick Ratio stands at 9.95 and the Cash Ratio stands at 7.74. Considering the valuation of this stock, the price to sales ratio is 8.42, the price to book ratio is 6.47 and price to earnings (TTM) ratio is 120.83.
Transactions by insiders
Recent insider trading involved BENZ PETER, Director, that happened on Nov 26 ’24 when 22300.0 shares were sold. Director, BENZ PETER completed a deal on Nov 27 ’24 to sell 2700.0 shares. Meanwhile, Director BENZ PETER bought 13000.0 shares on Nov 26 ’24.
