Range Resources Corporation (RRC) is priced at $31.68 after the most recent trading session. At the very opening of the session, the stock price was $31.91 and reached a high price of $32.36, prior to closing the session it reached the value of $32.22. The stock touched a low price of $30.93.Recently in News on July 27, 2022, Range Resources Publishes Updated Corporate Sustainability Report. RANGE RESOURCES CORPORATION (NYSE: RRC) (“Range” or the “Company”) today announced the publication of its 2021-2022 Corporate Sustainability Report. The latest Corporate Sustainability Report provides data on a variety of topics of interest to our stakeholders and is a reflection of our corporate culture and the responsible approach Range takes in providing an essential product to consumers around the world. You can read further details here
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 $37.44 on 06/08/22, with the lowest value was $16.71 for the same time period, recorded on 01/24/22.
Range Resources Corporation (RRC) full year performance was 115.36%
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 -15.38% during the 52-week period from high price, and 156.10% 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 $12.37 and $37.44.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 3254614 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 77.68%, having the revenues showcasing 6.13% 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 8.48B, as it employees total of 527 workers.
The Analysts eye on Range Resources Corporation (RRC)
During the last month, 0 analysts gave the Range Resources Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 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 29.84, with a change in the price was noted +5.00. In a similar fashion, Range Resources Corporation posted a movement of +18.74% for the period of last 100 days, recording 5,098,835 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 1.19 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.93.
Technical rundown of Range Resources Corporation (RRC)
Raw Stochastic average of Range Resources Corporation in the period of last 50 days is set at 59.06%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 78.15%. In the last 20 days, the company’s Stochastic %K was 84.22% and its Stochastic %D was recorded 87.10%.
Considering, the past performance 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 77.68%. Additionally, trading for the stock in the period of the last six months notably improved by 64.57%, alongside a boost of 115.36% for the period of the last 12 months. The shares increased approximately by -4.29% in the 7-day charts and went down by 24.82% in the period of the last 30 days. Common stock shares were driven by 6.13% during last recorded quarter.