Range Resources Corporation (NYSE: RRC) started the day on December 23, 2020, with a price increase of 7.29% at $7.36. During the day, the stock rose to $7.55 and sunk to $6.81 before settling in for the price of $6.86 at the close. Taking a more long-term approach, RRC posted a 52-week range of $1.61-$9.41.
It was noted that the giant of the Energy sector posted annual sales growth of 5.00% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -30.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 2.40%. This publicly-traded company’s shares outstanding now amounts to $239.90 million, simultaneously with a float of $236.23 million. The organization now has a market capitalization sitting at $1.93 billion. At the time of writing, stock’s 50-day Moving Average stood at $7.39, while the 200-day Moving Average is $6.44.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 655 workers. It has generated 3,970,892 per worker during the last fiscal year. Meanwhile, its income per employee was -2,620,684. The stock had 6.81 Receivables turnover and 0.32 Total Asset turnover. For the Profitability, stocks gross margin was -36.65, operating margin was -43.39 and Pretax Margin of -85.22.
Range Resources Corporation (RRC) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas E&P Industry. Range Resources Corporation’s current insider ownership accounts for 0.90%, in contrast to 96.40% institutional ownership. According to the most recent insider trade that took place on Mar 27, this organization’s Director bought 25,000 shares at the rate of 2.16, making the entire transaction reach 54,000 in total value, affecting insider ownership by 39,000. Preceding that transaction, on Mar 12, Company’s Director bought 100,000 for 2.11, making the whole transaction’s value amount to 210,800. This particular insider is now the holder of 150,000 in total.
Range Resources Corporation (RRC) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 9/29/2020, the organization reported -$0.05 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$0.02) by -$0.03. This company achieved a net margin of -66.00 while generating a return on equity of -53.58. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.26 per share during the current fiscal year.
Range Resources Corporation’s EPS increase for this current 12-month fiscal period is 2.40% and is forecasted to reach 0.88 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 29.43% through the next 5 years, which can be compared against the -30.80% growth it accomplished over the previous five years trading on the market.
Range Resources Corporation (NYSE: RRC) Trading Performance Indicators
Let’s observe the current performance indicators for Range Resources Corporation (RRC). It’s Quick Ratio in the last reported quarter now stands at 0.30. The Stock has managed to achieve an average true range (ATR) of 0.48. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.04. Similarly, its price to free cash flow for trailing twelve months is now 6.36.
In the same vein, RRC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -10.11, a figure that is expected to reach 0.11 in the next quarter, and analysts are predicting that it will be 0.88 at the market close of one year from today.
Technical Analysis of Range Resources Corporation (RRC)
If we take a close look at the recent performances of Range Resources Corporation (NYSE: RRC), its last 5-days Average volume was 6.07 million that shows plunge from its year to date volume of 9.37 million. During the previous 9 days, stock’s Stochastic %D was recorded 40.05% While, its Average True Range was 0.48.
Raw Stochastic average of Range Resources Corporation (RRC) in the period of the previous 100 days is set at 41.09%, which indicates a major fall in contrast to 62.69% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 79.30% that was higher than 72.83% volatility it exhibited in the past 100-days period.