Reliance Inc (NYSE: RS) started the day on Wednesday, with a price increase of 0.33% at $280.59, before settling in for the price of $279.68 at the close. Taking a more long-term approach, RS posted a 52-week range of $250.07-$347.43.
The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 8.72%. Meanwhile, its Annual Earning per share during the time was 8.72%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -7.62%. This publicly-traded company’s shares outstanding now amounts to $52.38 million, simultaneously with a float of $51.97 million. The organization now has a market capitalization sitting at $14.67 billion. At the time of writing, stock’s 50-day Moving Average stood at $277.39, while the 200-day Moving Average is $291.77.
Reliance Inc (RS) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Steel Industry. Reliance Inc’s current insider ownership accounts for 0.61%, in contrast to 81.81% institutional ownership.
Reliance Inc (RS) Earnings and Revenue Records
Reliance Inc’s EPS decrease for this current 12-month fiscal period is -7.62% and is forecasted to reach 17.92 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 4.48% through the next 5 years, which can be compared against the 8.72% growth it accomplished over the previous five years trading on the market.
Reliance Inc (NYSE: RS) Trading Performance Indicators
Let’s observe the current performance indicators for Reliance Inc (RS). It’s Quick Ratio in the last reported quarter now stands at 2.08. Alongside those numbers, its PE Ratio stands at $20.52, and its Beta score is 0.91. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.05. Similarly, its price to free cash flow for trailing twelve months is now 22.16.
In the same vein, RS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 13.67, a figure that is expected to reach 2.85 in the next quarter, and analysts are predicting that it will be 17.92 at the market close of one year from today.
Technical Analysis of Reliance Inc (RS)
If we take a close look at the recent performances of Reliance Inc (NYSE: RS), its last 5-days Average volume was 0.34 million that shows plunge from its year to date volume of 0.38 million. During the previous 9 days, stock’s Stochastic %D was recorded 79.54% While, its Average True Range was 64.16.
Raw Stochastic average of Reliance Inc (RS) in the period of the previous 100 days is set at 23.28%, which indicates a major fall in contrast to 87.22% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 6.38 that was lower than 6.66 volatility it exhibited in the past 100-days period.
