Range Resources Corp (NYSE: RRC) kicked off on Friday, down -0.96% from the previous trading day, before settling in for the closing price of $40.56. Over the past 52 weeks, RRC has traded in a range of $27.29-$41.95.
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Annual sales at Energy sector company grew by 16.60% over the past five years. While this was happening, its average annual earnings per share was recorded -7.53%. With a float of $238.13 million, this company’s outstanding shares have now reached $241.31 million.
Let’s look at the performance matrix of the company that is accounted 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) Insider and Institutional Ownership
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 96.12%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.85 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.53% 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 4.28. Likewise, its price to free cash flow for the trailing twelve months is 30.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.97, a number that is poised to hit 0.60 in the next quarter and is forecasted to reach 3.20 in one year’s time.
Technical Analysis of Range Resources Corp (RRC)
Range Resources Corp (NYSE: RRC) saw its 5-day average volume 2.49 million, a negative change from its year-to-date volume of 2.78 million. As of the previous 9 days, the stock’s Stochastic %D was 68.42%. Additionally, its Average True Range was 1.03.
During the past 100 days, Range Resources Corp’s (RRC) raw stochastic average was set at 87.64%, which indicates a significant increase from 72.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.66% in the past 14 days, which was lower than the 30.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $36.00, while its 200-day Moving Average is $33.68. Nevertheless, the first resistance level for the watch stands at $40.52 in the near term. At $40.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $41.12. If the price goes on to break the first support level at $39.91, it is likely to go to the next support level at $39.65. The third support level lies at $39.31 if the price breaches the second support level.
Range Resources Corp (NYSE: RRC) Key Stats
The company with the Market Capitalisation of 9.69 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.
