Red Violet, Inc.·Technology
Red Violet, Inc., a software and services 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, 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, and telecommunication companies; law enforcement and government agencies; and collections, corporate security, and investigative firms, as well as solutions used for purposes, such as risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition. 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. Red Violet, Inc. was incorporated in 2017 and is headquartered in Boca Raton, Florida.
Technology
Software - Application
215
2018-03-27
1.81

Shares of Red Violet, Inc. (NASDAQ: RDVT - Get Free Report) were down 1.8% on Thursday. The company traded as low as $36.35 and last traded at $37.56. Approximately 105,840 shares changed hands during trading, a decline of 22% from the average daily volume of 136,186 shares. The stock had previously closed at $38.24. Analyst

Internet Software & Services stocks look attractive on AI growth, subscription revenue and dividends, with DFIN and RDVT standing out despite macro uncertainty.

Red Violet (RDVT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Red Violet (RDVT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

The largest local REALTOR® Association in Nevada contracts to make FOREWARN services available for its 16,000+ real estate professional members to promote proactive agent safety The largest local REALTOR® Association in Nevada contracts to make FOREWARN services available for its 16,000+ real estate professional members to promote proactive agent safety

Red Violet (RDVT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).