Reliance Global Group Inc [NASDAQ: RELI] gained 1.53% on the last trading session, reaching $0.8 price per share at the time.
Reliance Global Group Inc represents 3.10 million in outstanding shares, while the company has a total market value of $3.68 million with the latest information. RELI stock price has been found in the range of $0.7603 to $1.67.
If compared to the average trading volume of 1.42M shares, RELI reached a trading volume of 55754643 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Reliance Global Group Inc [RELI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RELI shares is $119.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RELI stock is a recommendation set at 1.00. 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.
The Price to Book ratio for the last quarter was 0.80, with the Price to Cash per share for the same quarter was set at 0.73.
Trading performance analysis for RELI stock
Reliance Global Group Inc [RELI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.34. With this latest performance, RELI shares dropped by -22.52% in over the last four-week period, additionally sinking by -37.66% over the last 6 months – not to mention a drop of -69.07% in the past year of trading.
Reliance Global Group Inc [RELI]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Reliance Global Group Inc [RELI] shares currently have an operating margin of -37.66% and a Gross Margin at 57.52%. Reliance Global Group Inc’s Net Margin is presently recorded at -47.53%.
Reliance Global Group Inc (RELI) Capital Structure & Debt Analysis
According to recent financial data for Reliance Global Group Inc. ( RELI), the Return on Equity (ROE) stands at -223.86%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -36.77%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Reliance Global Group Inc’s Return on Invested Capital (ROIC) is -51.45%, showcasing its effectiveness in deploying capital for earnings.
Reliance Global Group Inc (RELI) Efficiency & Liquidity Metrics
Based on Reliance Global Group Inc’s (RELI) latest financial statements, the Debt-to-Equity Ratio is 4.33%, indicating its reliance on debt financing relative to shareholder equity.
Reliance Global Group Inc (RELI) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Reliance Global Group Inc. (RELI) effectively leverages its workforce, generating an average of -$104375.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.42% and a Quick Ratio of 1.42%, indicating strong ability to cover short-term liabilities.
Reliance Global Group Inc [RELI]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Reliance Global Group Inc posted -19.55/share EPS, while the average EPS was predicted by analysts to be reported at -14.28/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -5.27. 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 RELI.
An analysis of Institutional ownership at Reliance Global Group Inc [RELI]
There are presently around $4.92%, or 7.26%% of RELI stock, in the hands of institutional investors.
