Witnessing the stock’s movement on the chart, on Wednesday, Range Resources Corp (NYSE: RRC) set off with pace as it heaved 6.63% to $32.82, before settling in for the price of $30.78 at the close. Taking a more long-term approach, RRC posted a 52-week range of $27.29-$39.33.
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The Energy Sector giants’ yearly sales growth during the last 5-year period was 8.88%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -9.22%. This publicly-traded company’s shares outstanding now amounts to $241.04 million, simultaneously with a float of $238.25 million. The organization now has a market capitalization sitting at $7.92 billion. At the time of writing, stock’s 50-day Moving Average stood at $30.33, while the 200-day Moving Average is $32.57.
Range Resources Corp (RRC) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas E&P industry. Range Resources Corp’s current insider ownership accounts for 1.27%, in contrast to 96.90% institutional ownership. According to the most recent insider trade that took place on Oct 24 ’24, this organization’s Director bought 1,275 shares at the rate of 31.46, making the entire transaction reach 40,112 in total value, affecting insider ownership by 5,921. Preceding that transaction, on Sep 23 ’24, Company’s VP, Principal Accting Officer sold 12,700 for 31.45, making the whole transaction’s value amount to 399,390. This particular insider is now the holder of 9,670 in total.
Range Resources Corp (RRC) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.82 per share during the current fiscal year.
Range Resources Corp’s EPS decrease for this current 12-month fiscal period is -9.22% and is forecasted to reach 2.97 in the upcoming year.
Range Resources Corp (NYSE: RRC) Trading Performance Indicators
Let’s observe the current performance indicators for Range Resources Corp (RRC). It’s Quick Ratio in the last reported quarter now stands at 0.54. The Stock has managed to achieve an average true range (ATR) of 0.99. Alongside those numbers, its PE Ratio stands at $16.67, and its Beta score is 1.84. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.50. Similarly, its price to free cash flow for trailing twelve months is now 25.05.
In the same vein, RRC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.97, a figure that is expected to reach 0.57 in the next quarter, and analysts are predicting that it will be 2.97 at the market close of one year from today.
Technical Analysis of Range Resources Corp (RRC)
Going through the that latest performance of [Range Resources Corp, RRC]. Its last 5-days volume of 2.2 million was inferior to the volume of 2.37 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 65.37% While, its Average True Range was 1.05.
Raw Stochastic average of Range Resources Corp (RRC) in the period of the previous 100 days is set at 69.21%, which indicates a major fall in contrast to 96.60% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 38.42% that was higher than 31.13% volatility it exhibited in the past 100-days period.
