Range Resources Corp (NYSE: RRC) on Tuesday, plunged -0.17% from the previous trading day, before settling in for the closing price of $29.95. Within the past 52 weeks, RRC’s price has moved between $27.29 and $39.33.
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During the last 5-year period, the sales growth of Energy Sector giant was 8.88%. The company achieved an average annual earnings per share of -12.48%. With a float of $239.02 million, this company’s outstanding shares have now reached $241.04 million.
Let’s determine the extent of company efficiency that accounts for 548 employees. In terms of profitability, gross margin is 24.66%, operating margin of 15.13%, and the pretax margin is 24.53%.
Range Resources Corp (RRC) Breakdown of a Key Holders of the stock
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Range Resources Corp is 1.27%, while institutional ownership is 96.03%. The most recent insider transaction that took place on Sep 23 ’24, was worth 399,390. In this transaction VP, Principal Accting Officer of this company sold 12,700 shares at a rate of $31.45, taking the stock ownership to the 9,670 shares. Before that another transaction happened on Sep 23 ’24, when Company’s Officer proposed sale 12,700 for $31.45, making the entire transaction worth $399,391.
Range Resources Corp (RRC) Recent Fiscal highlights
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.63 earnings per share (EPS) for the period topping the consensus outlook (set at 0.48) by 0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.76 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.48% per share during the next fiscal year.
Range Resources Corp (NYSE: RRC) Trading Performance Indicators
Range Resources Corp (RRC) is currently performing well based on its current performance indicators. A quick ratio of 0.58 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 3.19. Likewise, its price to free cash flow for the trailing twelve months is 32.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.96, a number that is poised to hit 0.58 in the next quarter and is forecasted to reach 2.90 in one year’s time.
Technical Analysis of Range Resources Corp (RRC)
Looking closely at Range Resources Corp (NYSE: RRC), its last 5-days average volume was 2.24 million, which is a drop from its year-to-date volume of 2.35 million. As of the previous 9 days, the stock’s Stochastic %D was 32.99%. Additionally, its Average True Range was 0.80.
During the past 100 days, Range Resources Corp’s (RRC) raw stochastic average was set at 24.01%, which indicates a significant increase from 21.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.78% in the past 14 days, which was lower than the 29.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.19, while its 200-day Moving Average is $32.51. However, in the short run, Range Resources Corp’s stock first resistance to watch stands at $30.20. Second resistance stands at $30.51. The third major resistance level sits at $30.69. If the price goes on to break the first support level at $29.71, it is likely to go to the next support level at $29.53. Now, if the price goes above the second support level, the third support stands at $29.22.
Range Resources Corp (NYSE: RRC) Key Stats
Market capitalization of the company is 7.24 billion based on 242,627K outstanding shares. Right now, sales total 3,374 M and income totals 871,140 K. The company made 530,040 K in profit during its latest quarter, and 28,700 K in sales during its previous quarter.
