RPC, Inc. [NYSE: RES] closed the trading session at $6.00.
The stocks have a year to date performance of -17.58 percent and weekly performance of -8.81 percent. The stock has been moved at -18.48 percent over the last six months. The stock has performed -5.21 percent around the most recent 30 days and changed -13.79 percent over the most recent 3-months.
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If compared to the average trading volume of 1.92M shares, RES reached to a volume of 3543025 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about RPC, Inc. [RES]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RES shares is $7.15 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RES stock is a recommendation set at 3.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for RPC, Inc. shares, keeping their opinion on the stock as Sell, with their previous recommendation back on June 16, 2023. The new note on the price target was released on April 28, 2022, representing the official price target for RPC, Inc. stock.
The Average True Range (ATR) for RPC, Inc. is set at 0.28, with the Price to Sales ratio for RES stock in the period of the last 12 months amounting to 0.88. The Price to Book ratio for the last quarter was 1.22, with the Price to Cash per share for the same quarter was set at 1.22. Price to Free Cash Flow for RES in the course of the last twelve months was 6.54 with Quick ratio for the last quarter at 3.86.
RES stock trade performance evaluation
RPC, Inc. [RES] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.81. With this latest performance, RES shares dropped by -5.21% in over the last four-week period, additionally sinking by -18.48% over the last 6 months – not to mention a drop of -30.96% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RES stock in for the last two-week period is set at 35.37, with the RSI for the last a single of trading hit 26.87, and the three-weeks RSI is set at 40.21 for RPC, Inc. [RES]. The present Moving Average for the last 50 days of trading for this stock 6.41, while it was recorded at 6.27 for the last single week of trading, and 6.81 for the last 200 days.
RPC, Inc. [RES]: An insightful look at the core fundamentals
RPC, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.86 and a Current Ratio set at 4.61.
Earnings per share (EPS) analysis for RPC, Inc. [RES] stock
With the latest financial reports released by the company, RPC, Inc. posted 0.08/share EPS, while the average EPS was predicted by analysts to be reported at 0.24/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.16. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RES.
RPC, Inc. [RES]: Institutional Ownership
There are presently around $43.58%, or 110.90%% of RES stock, in the hands of institutional investors. The top three institutional holders of RES stocks are: BLACKROCK INC. with ownership of 14.58 million shares, which is approximately 6.8893%. VANGUARD GROUP INC, holding 10.7 million shares of the stock with an approximate value of $$66.88 million in RES stocks shares; and VANGUARD GROUP INC, currently with $$65.35 million in RES stock with ownership which is approximately 4.9395%.
