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Red Violet, Inc is currently in a long term downtrend where the price is trading 2.9% below its 200 day moving average.
From a valuation standpoint, the stock is 74.7% cheaper than other stocks from the Technology sector with a price to sales ratio of 6.4.
Red Violet, Inc's total revenue sank by 1.0% to $9M since the same quarter in the previous year.
Its net income has increased by 61.4% to $-2M since the same quarter in the previous year.
Finally, its free cash flow grew by 268.6% to $516K since the same quarter in the previous year.
Based on the above factors, Red Violet, Inc gets an overall score of 3/5.
Sector | Technology |
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Industry | Software - Application |
Exchange | NASDAQ |
CurrencyCode | USD |
ISIN | US75704L1044 |
Target Price | 46 |
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Dividend Yield | 0.0% |
Market Cap | 519M |
PE Ratio | 73.34 |
Beta | 1.57 |
Red Violet, Inc., an analytics and information solutions company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, fraud detection and prevention, customer acquisition, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as well as helps professionals to identify and mitigate risk. The company serves financial services, insurance, healthcare, retail, telecommunication companies, law enforcement and government agencies, collections, law, corporate security, and investigative firms. It markets its products and services through value-added distributors, resellers, and strategic partners; and trade shows and seminars, advertising, public relations, distribution of sales literature, and product specifications and ongoing communication with prospective customers, distributors, resellers, strategic partners, and installed base of current customers, as well as through direct sales. The company was incorporated in 2017 and is headquartered in Boca Raton, Florida.
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