Reynolds Consumer Products Inc (REYN) concluded trading on Wednesday at a closing price of $26.49, with 0.45 million shares of worth about $11.85 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.26% during that period and on January 08, 2025 the price saw a gain of about 0.53%. Currently the company’s common shares owned by public are about 210.10M shares, out of which, 54.20M shares are available for trading.
Stock saw a price change of -1.85% in past 5 days and over the past one month there was a price change of -3.43%. Year-to-date (YTD), REYN shares are showing a performance of -1.85% which decreased to -1.23% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $25.88 but also hit the highest price of $32.65 during that period. The average intraday trading volume for Reynolds Consumer Products Inc shares is 551.33K. The stock is currently trading -3.04% below its 20-day simple moving average (SMA20), while that difference is down -3.79% for SMA50 and it goes to -7.88% lower than SMA200.
Reynolds Consumer Products Inc (NASDAQ: REYN) currently have 210.10M outstanding shares and institutions hold larger chunk of about 27.22% of that.
The stock has a current market capitalization of $5.57B and its 3Y-monthly beta is at 0.50. PE ratio of stock for trailing 12 months is 15.09, while it has posted earnings per share of $1.76 in the same period. Its PEG reads 1.69 and has Quick Ratio of 0.89 while making debt-to-equity ratio of 0.88. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for REYN, volatility over the week remained 1.95% while standing at 1.80% over the month.
Stock’s fiscal year EPS is expected to rise by 18.28% while it is estimated to increase by 4.44% in next year. EPS is likely to shrink at an annualized rate of 8.90% for next 5-years, compared to annual growth of 11.07% made by the stock over the past 5-years.
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 Jefferies on August 29, 2024 offering a Buy rating for the stock and assigned a target price of $38 to it. Coverage by JP Morgan stated Reynolds Consumer Products Inc (REYN) stock as a Neutral in their note to investors on November 22, 2023, suggesting a price target of $28 for the stock. On October 03, 2023, Goldman Upgrade their recommendations, while on March 30, 2023, Canaccord Genuity Initiated their ratings for the stock with a price target of $28. Stock get a Neutral rating from Credit Suisse on January 17, 2023.
