Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Reliance Global Group Inc’s current trading price is -84.83% away from its 52-week high, while its distance from the 52-week low is 139.15%. The stock’s price range over this period has fluctuated between $1.17 and $18.53. The company, operating within the financial sector, had a trading volume of approximately 0.58 million for the day, which was noticeably lower than the average daily share volume of 1.86 million over the last 3 months.
The market performance of Reliance Global Group Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $18.53 on 06/18/24, while the lowest value for the same duration was $1.17 on 12/20/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Reliance Global Group Inc (RELI) has experienced a quarterly rise of 20.09% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.46M and boasts a workforce of 67 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.20, with a change in price of +0.31. Similarly, Reliance Global Group Inc recorded 1,224,041 in trading volume during the last 100 days, posting a change of +12.40%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for RELI stands at 4.81. Similarly, the long-term debt-to-equity ratio is also 3.97.
RELI Stock Stochastic Average
Today’s raw stochastic average for Reliance Global Group Inc over the last 50 days is 41.55%.This indicates a increase from the raw stochastic average of the past 20 days, which was 41.55%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 41.47% and 38.92%, respectively.
RELI 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. Until today this year the stock’s price performance recorded an increase of 8.91%. However, over the last six months, the performance has been stronger by -25.86%. The price of RELI increased 75.62% over the last 30 days. And in the last five days, it has surged by 5.64%.
