On Friday, Range Resources Corp (NYSE: RRC) opened higher 0.42% from the last session, before settling in for the closing price of $35.59. Price fluctuations for RRC have ranged from $27.29 to $39.33 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 8.88%. Company’s average yearly earnings per share was noted -9.13% at the time writing. With a float of $238.13 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 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
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. 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
Check out the current performance indicators for Range Resources Corp (RRC). In the past quarter, the stock posted a quick ratio of 0.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.82. Likewise, its price to free cash flow for the trailing twelve months is 27.39.
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)
Looking closely at Range Resources Corp (NYSE: RRC), its last 5-days average volume was 2.11 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 66.67%. Additionally, its Average True Range was 0.93.
During the past 100 days, Range Resources Corp’s (RRC) raw stochastic average was set at 89.37%, which indicates a significant increase from 71.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.62% in the past 14 days, which was lower than the 30.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.09, while its 200-day Moving Average is $33.02. However, in the short run, Range Resources Corp’s stock first resistance to watch stands at $35.92. Second resistance stands at $36.11. The third major resistance level sits at $36.21. If the price goes on to break the first support level at $35.63, it is likely to go to the next support level at $35.53. Now, if the price goes above the second support level, the third support stands at $35.34.
Range Resources Corp (NYSE: RRC) Key Stats
There are currently 241,310K shares outstanding in the company with a market cap of 8.66 billion. Presently, the company’s annual sales total 3,374 M according to its annual income of 871,140 K. Last quarter, the company’s sales amounted to 615,030 K and its income totaled 50,660 K.
