On Friday, Range Resources Corp (NYSE: RRC) opened higher 1.41% from the last session, before settling in for the closing price of $34.78. Price fluctuations for RRC have ranged from $23.92 to $37.88 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 8.88%. Company’s average yearly earnings per share was noted -8.85% at the time writing. With a float of $234.41 million, this company’s outstanding shares have now reached $241.04 million.
Considering the fact that the conglomerate employs 548 people, you should pay attention to its efficiency factor.
Range Resources Corp (RRC) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Range Resources Corp is 3.18%, while institutional ownership is 100.12%. The most recent insider transaction that took place on Nov 03 ’23, was worth 930,750. In this transaction SVP, Principal Accting Officer of this company sold 25,000 shares at a rate of $37.23, taking the stock ownership to the 60,804 shares. Before that another transaction happened on Nov 02 ’23, when Company’s SVP, Principal Accting Officer sold 25,000 for $37.35, making the entire transaction worth $933,750. This insider now owns 85,804 shares in total.
Range Resources Corp (RRC) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 35.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -8.85% per share during the next fiscal year.
Range Resources Corp (NYSE: RRC) Trading Performance Indicators
Check out the current performance indicators for Range Resources Corp (RRC). In the past quarter, the stock posted a quick ratio of 1.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.43. Likewise, its price to free cash flow for the trailing twelve months is 23.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.54, a number that is poised to hit 0.59 in the next quarter and is forecasted to reach 3.44 in one year’s time.
Technical Analysis of Range Resources Corp (RRC)
Compared to the last year’s volume of 2.53 million, its volume of 1.82 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 25.11%. Additionally, its Average True Range was 0.78.
During the past 100 days, Range Resources Corp’s (RRC) raw stochastic average was set at 80.65%, which indicates a significant increase from 36.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.66% in the past 14 days, which was lower than the 28.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.86, while its 200-day Moving Average is $31.98. Nevertheless, the first resistance level for the watch stands at $35.49 in the near term. At $35.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $36.07. If the price goes on to break the first support level at $34.91, it is likely to go to the next support level at $34.55. Now, if the price goes above the second support level, the third support stands at $34.33.
Range Resources Corp (NYSE: RRC) Key Stats
There are currently 242,120K shares outstanding in the company with a market cap of 8.54 billion. Presently, the company’s annual sales total 3,374 M according to its annual income of 871,140 K. Last quarter, the company’s sales amounted to 941,360 K and its income totaled 310,030 K.
