Let’s start up with the current stock price of Range Resources Corporation (RRC), which is $8.70 to be very precise. The Stock rose vividly during the last session to $9.25 after opening rate of $9.17 while the lowest price it went was recorded $8.67 before closing at $8.74.
Recently in News on October 15, 2020, Range Announces Conference Call to Discuss Third Quarter 2020 Financial Results. RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its third quarter 2020 financial results news release will be issued Thursday, October 29 after the close of trading on the New York Stock Exchange. You can read further details here
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Range Resources Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $9.41 on 10/22/20, with the lowest value was $1.61 for the same time period, recorded on 03/12/20.
Range Resources Corporation (RRC) full year performance was 107.11%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Range Resources Corporation shares are logging -7.49% during the 52-week period from high price, and 440.68% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.61 and $9.41.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 810143 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Range Resources Corporation (RRC) recorded performance in the market was 80.21%, having the revenues showcasing 40.97% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.31B, as it employees total of 655 workers.
Range Resources Corporation (RRC) in the eye of market guru’s
During the last month, 2 analysts gave the Range Resources Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 18 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 6 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 7.26, with a change in the price was noted +2.14. In a similar fashion, Range Resources Corporation posted a movement of +32.41% for the period of last 100 days, recording 6,751,717 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for RRC is recording 1.38 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.36.
Range Resources Corporation (RRC): Stocks Technical analysis and Trends
Raw Stochastic average of Range Resources Corporation in the period of last 50 days is set at 78.52%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 78.52%. In the last 20 days, the company’s Stochastic %K was 82.48% and its Stochastic %D was recorded 87.20%.
If we look into the earlier routines of Range Resources Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 80.21%. Additionally, trading for the stock in the period of the last six months notably improved by 55.52%, alongside a boost of 107.11% for the period of the last 12 months. The shares increased approximately by 4.67% in the 7-day charts and went down by 23.62% in the period of the last 30 days. Common stock shares were driven by 40.97% during last recorded quarter.