The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 13.34%.However, over the last six months, we can see a stronger performance of -5.17%. Over the last 30 days, the price of RRC has fallen by 12.09%. And in the last five days, it has fallen by -3.06%.
Range Resources Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $39.33 on 05/20/24 and the lowest value was $27.29 on 08/05/24.
52-week price history of RRC Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Range Resources Corp’s current trading price is -12.28% away from its 52-week high, while its distance from the 52-week low is 26.42%. The stock’s price range during this period has varied between$27.29 and $39.33. The Range Resources Corp’s shares, which operate in the Energy, saw a trading volume of around 2.9 million for the day, a figure considerably higher than their average daily volume of 2.21 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Range Resources Corp (RRC) has experienced a quarterly rise of 22.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.33B and boasts a workforce of 548 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 31.34, with a change in price of -0.06. Similarly, Range Resources Corp recorded 2,158,761 in trading volume during the last 100 days, posting a change of -0.17%.
RRC’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for RRC stands at 0.47. Similarly, the long-term debt-to-equity ratio is also 0.29.
RRC Stock Stochastic Average
Range Resources Corp’s raw stochastic average for the past 50 days is presently 71.05%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 47.11%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 61.48% and 69.92%, respectively.
