Range Resources Corporation (RRC) currently has a stock price of $29.24. The stock saw a sharp increase in the last trading session, hitting a high of $29.92 after opening at $29.87. The lowest recorded price for the day was $29.18 before it closed at $29.62.
The stock market performance of Range Resources Corporation has been very steady. Over the last year, the company’s stock hit its highest at $37.44 on 06/08/22, while the lowest price during the same time frame was $22.61, recorded on 02/21/23.
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52-week price history of RRC Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Range Resources Corporation’s current trading price is -21.90% away from its 52-week high, while its distance from the 52-week low is 29.32%. The stock’s price range for this period has remained between $22.61 and $37.44. The Energy sector company’s shares managed to surpass a trading volume of around 4.29 million for the day, which was noticeably lower compared to the shares’ average daily volume of 4.71 million over the last three months.
Financial Performance and Market Capitalization
Range Resources Corporation (RRC) has experienced a quarterly rise of 19.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.09B and boasts a workforce of 544 employees.
Analysts’ Ratings For Range Resources Corporation
As of right now, 12 analysts are rating Range Resources Corporation as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 12 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 3 analysts are rating the stock as SELL.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 25.64, with a change in price of +4.59. Similarly, Range Resources Corporation recorded 4,734,628 in trading volume during the last 100 days, posting a change of +18.62%.
RRC Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for RRC stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.55.
RRC Stock Stochastic Average
As of today, the raw stochastic average of Range Resources Corporation over the last 50 days is at 86.36%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 83.78%. Further, the company’s Stochastic %K and %D values for the last 20 days were 86.25% and 89.84%, respectively.
RRC Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a gain of 16.87%.However, over the last six months, we can see a weaker performance of 3.69%. Over the last 30 days, the price of RRC has fallen by 13.82%. And in the last five days, it has surged by 7.54%.