Reliance Global Group Inc’s Bumpy Road: Analyzing the 52-Week Range and Future Prospects

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Reliance Global Group Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $5.20 on 05/25/23, while the lowest value for the same period was recorded at $0.32 on 03/27/24.

52-week price history of RELI Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Reliance Global Group Inc’s current trading price is -92.88% away from its 52-week high, while its distance from the 52-week low is 15.59%. The stock’s price range during this period has spanned from $0.32 to $5.20. In the Financial sector, the Reliance Global Group Inc’s shares surpassed a trading volume of approximately 2.93 million for the day, which was noticeably higher compared to the average daily volume of 9.0.15 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Reliance Global Group Inc (RELI) has experienced a quarterly decline of -30.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.77M.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5882, with a change in price of -1.1100. Similarly, Reliance Global Group Inc recorded 501,425 in trading volume during the last 100 days, posting a change of -75.00%.

Examining RELI’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for RELI stands at 1.05. Similarly, the long-term debt-to-equity ratio is also 0.89.

RELI Stock Stochastic Average

Today’s raw stochastic average for Reliance Global Group Inc over the last 50 days is 10.40%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 23.89%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 13.29% and 7.90%, respectively.

RELI Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -31.10%.However, over the last six months, we can see a stronger performance of -84.71%. Over the last 30 days, the price of RELI has leaped by -33.81%. And in the last five days, it has surged by 4.71%.

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