Red Violet stock: buy or sell?
February 21st, 2020
Should I buy Red Violet stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Red Violet stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Red Violet stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for RDVT stock for the last month.
Red Violet stock analysis
Red Violet closed today at $24.48 after marking a new all time high ($26.16) even it couldn't close with gains and depreciated an unpleasant -0.93%.
After marking all time highs today, Red Violet depreciated -0.93% to $24.48. Since last October when RDVT stock price broke up the SMA100d line, it gained $11.82 (93.36%).
Red Violet ended this week at $24.48 after topping to a new all time high ($26.16) and boosted an astounding 6.90%. This week was the third green week in a row.
If you observe the weekly chart, price finally broke over the resistance at $19.36 and continued climbing. Since price and SMA40w lines crossed up early April, RDVT climbed $17.76 (264.29%). By mid March 2019, SMA20w and SMA40w crossed up triggering a rise of 247.73%.
Red Violet stock price history
Red Violet IPO was on March 27th, 2018 at $6.40 per share1. Since then, RDVT stock grew a 282.50%, with a yearly average of 282.50%. If you had invested $1,000 in Red Violet stock in 2018, it would worth $2,825.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Red Violet stock historical price chart
RDVT stock reached all-time highs today with a price of $26.16.
Red Violet stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' RDVT stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price prediction for Red Violet stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Red Violet ownershipWhen you are planning to buy a stock, it's always worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Red Violet, 53.34% of all outstanding shares are owned by its staff.
In case of Red Violet stock, 15.29% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for RDVT stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Red Violet:
|Market cap||$282.5 M|
|Total shares||11.5 M|
|Float shares||6.2 M|
|- Institutional holdings (%)||15.3%|
|- Insider holdings (%)||53.3%|
|Shares in short selling||0.0%|
Red Violet summary
|Friday, February 21st, 2020|
|Day range||$24.25 - $26.16|
|Average true range||$1.39|
|50d mov avg||$20.25|
|100d mov avg||$17.85|
|200d mov avg||$15.29|
Red Violet performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared Red Violet against in the following table: