RPC, Inc (RES) concluded trading on Thursday at a closing price of $6.17, with 3.34 million shares of worth about $20.61 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -16.28% during that period and on January 30, 2025 the price saw a loss of about -3.89%. Currently the company’s common shares owned by public are about 214.97M shares, out of which, 95.45M shares are available for trading.
Stock saw a price change of -10.06% in past 5 days and over the past one month there was a price change of 6.75%. Year-to-date (YTD), RES shares are showing a performance of 3.87% which decreased to -16.85% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.54 but also hit the highest price of $8.19 during that period. The average intraday trading volume for RPC, Inc shares is 1.49 million. The stock is currently trading -4.99% below its 20-day simple moving average (SMA20), while that difference is down -0.85% for SMA50 and it goes to -3.99% lower than SMA200.
RPC, Inc (NYSE: RES) currently have 214.97M outstanding shares and institutions hold larger chunk of about 44.53% of that.
The stock has a current market capitalization of $1.33B and its 3Y-monthly beta is at 1.59. PE ratio of stock for trailing 12 months is 14.50, while it has posted earnings per share of $0.43 in the same period. It has Quick Ratio of 3.44 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 7.07% while standing at 4.34% over the month.
Stock’s fiscal year EPS is expected to drop by -1.35% while it is estimated to increase by 3.49% 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.
