Shares of Royalty Management Holding Co. (NASDAQ:RMCO – Get Free Report) were down 6.8% on Thursday . The stock traded as low as $0.94 and last traded at $0.96. Approximately 11,122 shares changed hands during trading, a decline of 86% from the average daily volume of 79,190 shares. The stock had previously closed at $1.03.
Royalty Management Trading Down 6.8 %
The company has a debt-to-equity ratio of 0.10, a current ratio of 0.60 and a quick ratio of 0.60. The firm has a 50 day moving average of $0.90 and a two-hundred day moving average of $0.96.
Royalty Management (NASDAQ:RMCO – Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $0.25 million for the quarter.
About Royalty Management
Royalty Management Holding Corporation provides environmental consulting and services in the United States. It is also involved in investing or purchasing assets, such as real estate and mining permits, patents, intellectual property, and emerging technologies. The company was incorporated in 2021 and is based in Fishers, Indiana.
See Also
- Five stocks we like better than Royalty Management
- Roth IRA Calculator: Calculate Your Potential Returns
- Taiwan Semiconductor Soars on Earnings With More Room to Run
- Financial Services Stocks Investing
- Is Lucid Group Nearing the Bottom? What Investors Should Know
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- 90% Gain Possible? Analysts Are Bullish on Joby Aviation
Receive News & Ratings for Royalty Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royalty Management and related companies with MarketBeat.com's FREE daily email newsletter.
