Range Resources Corp (NYSE: RRC) kicked off on Tuesday, up 1.26% from the previous trading day, before settling in for the closing price of $35.83. Over the past 52 weeks, RRC has traded in a range of $27.29-$39.33.
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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%. While this was happening, its average annual earnings per share was recorded -9.13%. With a float of $238.13 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
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Range Resources Corp is 1.32%, while institutional ownership is 96.01%. The most recent insider transaction that took place on Nov 11 ’24, was worth 95,872. In this transaction Director of this company sold 2,800 shares at a rate of $34.24, taking the stock ownership to the 12,453 shares. Before that another transaction happened on Oct 24 ’24, when Company’s Director bought 1,275 for $31.46, making the entire transaction worth $40,112. This insider now owns 5,921 shares in total.
Range Resources Corp (RRC) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -9.13% per share during the next fiscal year.
Range Resources Corp (NYSE: RRC) Trading Performance Indicators
Take a look at Range Resources Corp’s (RRC) current performance indicators. Last quarter, 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 3.86. Likewise, its price to free cash flow for the trailing twelve months is 27.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.97, a number that is poised to hit 0.58 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 2.36 million, its volume of 2.9 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 79.21%. Additionally, its Average True Range was 0.97.
During the past 100 days, Range Resources Corp’s (RRC) raw stochastic average was set at 95.08%, which indicates a significant increase from 89.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.21% in the past 14 days, which was lower than the 30.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.87, while its 200-day Moving Average is $32.95. Nevertheless, the first resistance level for the watch stands at $36.62 in the near term. At $36.96, the stock is likely to face the second major resistance level. The third major resistance level sits at $37.47. If the price goes on to break the first support level at $35.77, it is likely to go to the next support level at $35.26. Now, if the price goes above the second support level, the third support stands at $34.92.
Range Resources Corp (NYSE: RRC) Key Stats
The company with the Market Capitalisation of 8.75 billion has total of 241,310K Shares Outstanding. Its annual sales at the moment are 3,374 M in contrast with the sum of 871,140 K annual income. Company’s last quarter sales were recorded 615,030 K and last quarter income was 50,660 K.
