RPC, Inc. (RES) concluded trading on Thursday at a closing price of $6.19, with 2.77 million shares of worth about $17.17 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -19.51% during that period and on September 26, 2024 the price saw a loss of about -2.21%. Currently the company’s common shares owned by public are about 215.03M shares, out of which, 95.46M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
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Stock saw a price change of -5.50% in past 5 days and over the past one month there was a price change of -2.83%. Year-to-date (YTD), RES shares are showing a performance of -14.97% which decreased to -29.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.66 but also hit the highest price of $9.41 during that period. The average intraday trading volume for RPC, Inc. shares is 1.90 million. The stock is currently trading -0.23% below its 20-day simple moving average (SMA20), while that difference is down -2.69% for SMA50 and it goes to -9.92% lower than SMA200.
RPC, Inc. (NYSE: RES) currently have 215.03M outstanding shares and institutions hold larger chunk of about 42.83% of that.
The stock has a current market capitalization of $1.33B and its 3Y-monthly beta is at 1.56. PE ratio of stock for trailing 12 months is 11.32, while it has posted earnings per share of $0.55 in the same period. It has Quick Ratio of 3.86 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RES, volatility over the week remained 4.58% while standing at 3.92% over the month.
Stock’s fiscal year EPS is expected to drop by -45.88% while it is estimated to increase by 34.76% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on June 16, 2023 offering a Sell rating for the stock and assigned a target price range of between $8.25 and $7 to it. Coverage by Johnson Rice stated RPC, Inc. (RES) stock as a Accumulate in their note to investors on April 28, 2022, suggesting a price target of $13 for the stock. On September 13, 2021, Citigroup Upgrade their recommendations, while on November 10, 2020, Morgan Stanley Downgrade their ratings for the stock with a price target of $2.50. Stock get a Sector perform rating from Scotiabank on April 13, 2020.
