RPC, Inc. (RES) with a beta value of 1.60 appears to be a promising investment opportunity.

RPC, Inc. (NYSE: RES) on Monday, plunged -0.13% from the previous trading day, before settling in for the closing price of $7.96. Within the past 52 weeks, RES’s price has moved between $6.34 and $9.41.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 10.14%. The company achieved an average annual earnings per share of -17.78%. With a float of $96.19 million, this company’s outstanding shares have now reached $215.03 million.

Considering the fact that the conglomerate employs 2691 people, you should pay attention to its efficiency factor.

RPC, Inc. (RES) Breakdown of a Key Holders of the stock

Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of RPC, Inc. is 55.36%, while institutional ownership is 41.56%.

RPC, Inc. (RES) Recent Fiscal highlights

As on 12/31/2023, Multinational firm has announced its last quarter scores, in which it reported 0.33 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.37) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -17.78% per share during the next fiscal year.

RPC, Inc. (NYSE: RES) Trading Performance Indicators

RPC, Inc. (RES) is currently performing well based on its current performance indicators. A quick ratio of 4.06 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.06. Likewise, its price to free cash flow for the trailing twelve months is 8.01.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.90, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 1.02 in one year’s time.

Technical Analysis of RPC, Inc. (RES)

Compared to the last year’s volume of 1.58 million, its volume of 1.51 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 51.41%. Additionally, its Average True Range was 0.24.

During the past 100 days, RPC, Inc.’s (RES) raw stochastic average was set at 87.03%, which indicates a significant increase from 59.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.66% in the past 14 days, which was lower than the 29.83% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.57, while its 200-day Moving Average is $7.82. Nevertheless, the first resistance level for the watch stands at $8.09 in the near term. At $8.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.41. If the price goes on to break the first support level at $7.77, it is likely to go to the next support level at $7.60. Now, if the price goes above the second support level, the third support stands at $7.45.

RPC, Inc. (NYSE: RES) Key Stats

Market capitalization of the company is 1.71 billion based on 215,445K outstanding shares. Right now, sales total 1,617 M and income totals 195,110 K. The company made 394,530 K in profit during its latest quarter, and 40,260 K in sales during its previous quarter.