A new trading day began on Friday, with Range Resources Corp (NYSE: RRC) stock price down -0.70% from the previous day of trading, before settling in for the closing price of $30.03. RRC’s price has ranged from $27.29 to $39.33 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%. Meanwhile, its annual earnings per share averaged -9.52%. With a float of $238.25 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. In terms of profitability, gross margin is 23.62%, operating margin of 14.88%, and the pretax margin is 24.61%.
Range Resources Corp (RRC) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of Range Resources Corp is 1.27%, while institutional ownership is 96.89%. The most recent insider transaction that took place on Oct 24 ’24, was worth 40,112. In this transaction Director of this company bought 1,275 shares at a rate of $31.46, taking the stock ownership to the 5,921 shares. Before that another transaction happened on Sep 23 ’24, when Company’s VP, Principal Accting Officer sold 12,700 for $31.45, making the entire transaction worth $399,390. This insider now owns 9,670 shares in total.
Range Resources Corp (RRC) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -9.52% per share during the next fiscal year.
Range Resources Corp (NYSE: RRC) Trading Performance Indicators
Here are Range Resources Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.15. Likewise, its price to free cash flow for the trailing twelve months is 22.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.97, a number that is poised to hit 0.57 in the next quarter and is forecasted to reach 2.97 in one year’s time.
Technical Analysis of Range Resources Corp (RRC)
Compared to the last year’s volume of 2.37 million, its volume of 2.36 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 39.02%. Additionally, its Average True Range was 0.92.
During the past 100 days, Range Resources Corp’s (RRC) raw stochastic average was set at 23.28%, which indicates a significant decrease from 28.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.92% in the past 14 days, which was lower than the 29.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.26, while its 200-day Moving Average is $32.54. Nevertheless, the first resistance level for the watch stands at $30.48 in the near term. At $31.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.64. If the price goes on to break the first support level at $29.32, it is likely to go to the next support level at $28.82. Now, if the price goes above the second support level, the third support stands at $28.16.
Range Resources Corp (NYSE: RRC) Key Stats
With a market capitalization of 7.15 billion, the company has a total of 241,310K Shares Outstanding. Currently, annual sales are 3,374 M while annual income is 871,140 K. The company’s previous quarter sales were 615,030 K while its latest quarter income was 50,660 K.
