On June 22, 2022, RPC Inc. (NYSE: RES) opened at $6.95, lower -7.12% from the last session. During the day, the shares moved up to $7.185 and dropped to $6.88 before settling in for the closing price of $7.44. Price fluctuations for RES have ranged from $3.33 to $12.91 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 3.50%. Company’s average yearly earnings per share was noted 103.40% at the time writing. With a float of $78.01 million, this company’s outstanding shares have now reached $213.25 million.
Considering the fact that the conglomerate employs 2250 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +14.91, operating margin of +0.63, and the pretax margin is +1.90.
RPC Inc. (RES) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of RPC Inc. is 42.80%, while institutional ownership is 30.60%. The most recent insider transaction that took place on Jun 08, was worth 1,176,846. In this transaction 10% Owner of this company sold 124,687 shares at a rate of $9.44, taking the stock ownership to the 3,806,042 shares. Before that another transaction happened on Jun 08, when Company’s Director sold 124,687 for $9.44, making the entire transaction worth $1,176,846. This insider now owns 3,806,042 shares in total.
RPC Inc. (RES) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 3/30/2022, the company posted $0.07 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.07) by $0. This company achieved a net margin of +0.82 while generating a return on equity of 1.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 103.40% per share during the next fiscal year.
RPC Inc. (NYSE: RES) Trading Performance Indicators
Check out the current performance indicators for RPC Inc. (RES). In the past quarter, the stock posted a quick ratio of 3.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.15, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.63 in one year’s time.
Technical Analysis of RPC Inc. (RES)
Compared to the last year’s volume of 1.6 million, its volume of 2.34 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 4.38%. Additionally, its Average True Range was 0.56.
During the past 100 days, RPC Inc.’s (RES) raw stochastic average was set at 16.55%, which indicates a significant increase from 1.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.09% in the past 14 days, which was lower than the 70.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.67, while its 200-day Moving Average is $7.18. Nevertheless, the first resistance level for the watch stands at $7.10 in the near term. At $7.30, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.41. If the price goes on to break the first support level at $6.80, it is likely to go to the next support level at $6.69. Now, if the price goes above the second support level, the third support stands at $6.49.
RPC Inc. (NYSE: RES) Key Stats
There are currently 216,476K shares outstanding in the company with a market cap of 1.61 billion. Presently, the company’s annual sales total 864,930 K according to its annual income of 7,220 K. Last quarter, the company’s sales amounted to 284,620 K and its income totaled 15,080 K.
