In a report released today, Alex Fuhrman from Craig-Hallum maintained a Buy rating on Reservoir Media (RSVR – Research Report). The company’s shares closed yesterday at $8.02.
Fuhrman covers the Consumer Cyclical sector, focusing on stocks such as WW International, 1-800 Flowers, and Lands’ End. According to TipRanks, Fuhrman has an average return of -2.7% and a 39.57% success rate on recommended stocks.
Reservoir Media has an analyst consensus of Moderate Buy.
The company has a one-year high of $8.18 and a one-year low of $5.19. Currently, Reservoir Media has an average volume of 55.99K.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RSVR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Reservoir Media (RSVR) Company Description:
Roth CH Acquisition II Co is a blank check company.
Read More on RSVR:
- Reservoir Media, Inc. to Present at 36th Annual Roth Conference on March 19
- Reservoir Media Releases New Investor Presentation Materials
- Elliott Management bought BioMarin and Etsy during Q4, exited Arm
- Reservoir Media sees 2024 revenue $140M-$142M, consensus $135.66M
- Reservoir Media reports Q3 EPS (5c), consensus (1c)
