On Tuesday, Range Resources Corp (NYSE: RRC) was 0.35% up from the session before settling in for the closing price of $37.27. A 52-week range for RRC has been $27.29 – $41.95.
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A company in the Energy sector has jumped its sales by 16.60% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -7.44%. With a float of $238.13 million, this company’s outstanding shares have now reached $241.31 million.
In an organization with 548 employees, it is important to assess its efficiency. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Range Resources Corp stocks. 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 -7.44% per share during the next fiscal year.
Range Resources Corp (NYSE: RRC) Trading Performance Indicators
You can see what Range Resources Corp (RRC) is doing with its current performance indicators. In the most recent 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 3.98. Likewise, its price to free cash flow for the trailing twelve months is 28.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.97, a number that is poised to hit 0.61 in the next quarter and is forecasted to reach 3.17 in one year’s time.
Technical Analysis of Range Resources Corp (RRC)
Let’s dig in a bit further. During the last 5-days, its volume was 2.94 million. That was better than the volume of 2.89 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 22.05%. Additionally, its Average True Range was 1.15.
During the past 100 days, Range Resources Corp’s (RRC) raw stochastic average was set at 68.40%, which indicates a significant increase from 18.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.70% in the past 14 days, which was higher than the 32.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $36.12, while its 200-day Moving Average is $33.69. However, in the short run, Range Resources Corp’s stock first resistance to watch stands at $37.76. Second resistance stands at $38.11. The third major resistance level sits at $38.45. If the price goes on to break the first support level at $37.07, it is likely to go to the next support level at $36.73. The third support level lies at $36.38 if the price breaches the second support level.
Range Resources Corp (NYSE: RRC) Key Stats
There are 241,310K outstanding shares of the company, which has a market capitalization of 9.02 billion. As of now, sales total 3,374 M while income totals 871,140 K. Its latest quarter income was 615,030 K while its last quarter net income were 50,660 K.
