Range Resources Corp (RRC) concluded trading on Wednesday at a closing price of $38.55, with 5.95 million shares of worth about $229.38 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 26.15% during that period and on Wednesday the price saw a gain of about 2.80%. Currently the company’s common shares owned by public are about 240.67M shares, out of which, 238.33M shares are available for trading.
Stock saw a price change of -3.38% in past 5 days and over the past one month there was a price change of 3.43%. Year-to-date (YTD), RRC shares are showing a performance of 7.14% which increased to 23.72% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.29 but also hit the highest price of $41.95 during that period. The average intraday trading volume for Range Resources Corp shares is 2.34 million. The stock is currently trading 0.46% above its 20-day simple moving average (SMA20), while that difference is up 2.70% for SMA50 and it goes to 13.67% higher than SMA200.
Range Resources Corp (NYSE: RRC) currently have 240.67M outstanding shares and institutions hold larger chunk of about 99.03% of that.
The stock has a current market capitalization of $9.30B and its 3Y-monthly beta is at 1.80. PE ratio of stock for trailing 12 months is 35.27, while it has posted earnings per share of $1.09 in the same period. Its PEG reads 1.60 and has Quick Ratio of 0.57 while making debt-to-equity ratio of 0.46. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RRC, volatility over the week remained 3.40% while standing at 3.12% over the month.
Stock’s fiscal year EPS is expected to rise by 44.55% while it is estimated to increase by 12.04% 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 Scotiabank on January 17, 2025 offering a Sector perform rating for the stock and assigned a target price of $45 to it. Coverage by BofA Securities stated Range Resources Corp (RRC) stock as a Buy in their note to investors on January 13, 2025, suggesting a price target of $45 for the stock. On January 03, 2025, Wolfe Research Upgrade their recommendations, while on December 09, 2024, UBS Upgrade their ratings for the stock with a price target of $35. Stock get a Neutral rating from BofA Securities on October 28, 2024.
