Resources Connection Inc (RGP) concluded trading on Wednesday at a closing price of $8.54, with 0.46 million shares of worth about $3.93 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.59% during that period and on January 08, 2025 the price saw a loss of about -3.72%. Currently the company’s common shares owned by public are about 33.09M shares, out of which, 31.90M shares are available for trading.
Stock saw a price change of 0.12% in past 5 days and over the past one month there was a price change of -0.35%. Year-to-date (YTD), RGP shares are showing a performance of 0.12% which decreased to -34.51% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.90 but also hit the highest price of $14.29 during that period. The average intraday trading volume for Resources Connection Inc shares is 350.31K. The stock is currently trading 0.58% above its 20-day simple moving average (SMA20), while that difference is up 0.80% for SMA50 and it goes to -14.80% lower than SMA200.
Resources Connection Inc (NASDAQ: RGP) currently have 33.09M outstanding shares and institutions hold larger chunk of about 88.45% of that.
The stock has a current market capitalization of $282.60M and its 3Y-monthly beta is at 0.64. It has posted earnings per share of -$1.86 in the same period. It has Quick Ratio of 2.74 while making debt-to-equity ratio of 0.09. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RGP, volatility over the week remained 5.94% while standing at 3.80% over the month.
Stock’s fiscal year EPS is expected to drop by -83.06% while it is estimated to increase by 561.90% in next year. EPS is likely to grow at an annualized rate of 15.00% for next 5-years, compared to annual growth of -8.68% 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 BofA Securities on November 15, 2022 offering a Neutral rating for the stock and assigned a target price range of between $49 and $58 to it. Coverage by Sidoti stated Resources Connection Inc (RGP) stock as a Buy in their note to investors on June 19, 2020, suggesting a price target of $15 for the stock.
