Market Momentum: RPC, Inc (RES) Registers a -0.84% Decrease, Closing at 4.75

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

RPC, Inc (NYSE: RES) closed the day trading at $4.75 down -0.84% from the previous closing price of $4.79. In other words, the price has decreased by -$0.84% from its previous closing price. On the day, 1.72 million shares were traded. RES stock price reached its highest trading level at $4.89 during the session, while it also had its lowest trading level at $4.7.

Ratios:

For a better understanding of RES, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.86. For the most recent quarter (mrq), Quick Ratio is recorded 4.18 and its Current Ratio is at 4.95. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.

On June 16, 2023, Citigroup Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $8.25 to $7.

Johnson Rice Upgraded its Hold to Accumulate on April 28, 2022, while the target price for the stock was maintained at $13.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RES now has a Market Capitalization of 1047683712 and an Enterprise Value of 734355008. As of this moment, RPC,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.49, and their Forward P/E ratio for the next fiscal year is 10.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 0.536 whereas that against EBITDA is 3.543.

Stock Price History:

The Beta on a monthly basis for RES is 0.85, which has changed by -0.23139161 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, RES has reached a high of $7.53, while it has fallen to a 52-week low of $4.10. The 50-Day Moving Average of the stock is -1.41%, while the 200-Day Moving Average is calculated to be -17.05%.

Shares Statistics:

Over the past 3-months, RES traded about 1.52M shares per day on average, while over the past 10 days, RES traded about 1956600 shares per day. A total of 216.02M shares are outstanding, with a floating share count of 97.41M. Insiders hold about 55.84% of the company’s shares, while institutions hold 41.80% stake in the company. Shares short for RES as of 1748563200 were 17223338 with a Short Ratio of 11.36, compared to 1745971200 on 17624909. Therefore, it implies a Short% of Shares Outstanding of 17223338 and a Short% of Float of 19.17.

Dividends & Splits

RES’s forward annual dividend rate is 0.16, up from 0.16 a year ago. Against a Trailing Annual Dividend Yield of 0.033402923The stock’s 5-year Average Dividend Yield is 2.16. The current Payout Ratio is 37.62% for RES, which recently paid a dividend on 2025-05-09 with an ex-dividend date of 1746748800. Stock splits for the company last occurred on 2012-03-12 when the company split stock in a 3:2 ratio.

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.