A major move is in the offing as Range Resources Corp (RRC) market cap hits 8.07 billion

QCOM

A new trading day began on Friday, with Range Resources Corp (NYSE: RRC) stock price down -12.14% from the previous day of trading, before settling in for the closing price of $38.07. RRC’s price has ranged from $27.29 to $41.95 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 11.76%. Meanwhile, its annual earnings per share averaged 53.83%. With a float of $235.02 million, this company’s outstanding shares have now reached $240.67 million.

Considering the fact that the conglomerate employs 565 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 23.41%, operating margin of 14.37%, and the pretax margin is 10.68%.

Range Resources Corp (RRC) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of Range Resources Corp is 2.62%, while institutional ownership is 99.08%. The most recent insider transaction that took place on Mar 20 ’25, was worth 2,408,489. In this transaction EVP & CFO of this company sold 59,994 shares at a rate of $40.15, taking the stock ownership to the 690,094 shares. Before that another transaction happened on Mar 20 ’25, when Company’s EVP & CFO sold 45,142 for $40.27, making the entire transaction worth $1,817,868. This insider now owns 0 shares in total.

Range Resources Corp (RRC) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.75 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 53.83% per share during the next fiscal year.

Range Resources Corp (NYSE: RRC) Trading Performance Indicators

Here are Range Resources Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.42. Likewise, its price to free cash flow for the trailing twelve months is 25.55.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.09, a number that is poised to hit 0.90 in the next quarter and is forecasted to reach 4.12 in one year’s time.

Technical Analysis of Range Resources Corp (RRC)

Compared to the last year’s volume of 2.84 million, its volume of 3.29 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 29.31%. Additionally, its Average True Range was 1.63.

During the past 100 days, Range Resources Corp’s (RRC) raw stochastic average was set at 9.09%, which indicates a significant decrease from 9.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.64% in the past 14 days, which was higher than the 41.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $38.32, while its 200-day Moving Average is $34.15. Nevertheless, the first resistance level for the watch stands at $35.64 in the near term. At $37.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $39.34. If the price goes on to break the first support level at $31.94, it is likely to go to the next support level at $30.43. Should the price break the second support level, the third support level stands at $28.24.

Range Resources Corp (NYSE: RRC) Key Stats

With a market capitalization of 8.07 billion, the company has a total of 241,331K Shares Outstanding. Currently, annual sales are 2,417 M while annual income is 266,340 K. The company’s previous quarter sales were 626,640 K while its latest quarter income was 94,840 K.