Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Range Resources Corp’s current trading price is -4.67% away from its 52-week high, while its distance from the 52-week low is 46.54%. The stock’s price range during this period has varied between $27.29 and $41.95. The company, active in the Energy sector, saw a trading volume of around 0.81 million for the day, considerably lower average daily volume of 3.17 million observed over the last three months.
Range Resources Corp had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $41.95 on 01/22/25, while the lowest price during the same period was $27.29 on 08/05/24.
How Financial Performance Impacts Market Capitalization
Range Resources Corp (RRC) has experienced a quarterly rise of 3.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.56B and boasts a workforce of 565 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 37.21, with a change in price of +7.08. Similarly, Range Resources Corp recorded 2,917,197 in trading volume during the last 100 days, posting a change of +21.49%.
How RRC’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for RRC stands at 0.46. Similarly, the long-term debt-to-equity ratio is also 0.29.
RRC Stock Stochastic Average
As of today, the raw stochastic average of Range Resources Corp over the last 50 days is at 88.52%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 88.83%. Further, the company’s Stochastic %K and %D values for the last 20 days were 92.76% and 93.98%, respectively.
RRC Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 11.15%. However, over the past six months, we’ve seen a weaker performance of 16.05%. The price of RRC fallen by 19.95% over the last 30 days. And in the last five days, it has surged by 8.88%.
