The market performance of Range Resources Corp’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $39.33 on 05/20/24, while the lowest value for the same duration was $27.29 on 08/05/24.
52-week price history of RRC Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Range Resources Corp’s current trading price is -4.60% away from its 52-week high, while its distance from the 52-week low is 37.49%. The stock’s price range during this period has spanned from $27.29 to $39.33. In the Energy sector, the Range Resources Corp’s shares surpassed a trading volume of approximately 3.49 million for the day, which was noticeably higher compared to the average daily volume of 9.2.27 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Range Resources Corp (RRC) has experienced a quarterly rise of 18.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.05B and boasts a workforce of 548 employees.
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 32.25, with a change in price of +6.99. Similarly, Range Resources Corp recorded 2,142,638 in trading volume during the last 100 days, posting a change of +22.90%.
Examining RRC’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 RRC stands at 0.47. Similarly, the long-term debt-to-equity ratio is also 0.29.
RRC Stock Stochastic Average
Today, Range Resources Corp’s raw stochastic average for the past 50 days stands at 99.75%, indicating a rise from the raw stochastic average of the last 20 days, which was 99.57%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 94.65% and 86.52% respectively.
RRC Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 4.28% this year. Over the last six months, there has been a weaker performance of 12.03%. The price of RRC fallen by 11.17% during the last 30 days period. For the last 5-days stocks have improved 4.28%.
