Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, RPC, Inc’s stock clocked out at $6.10, up 0.33% from its previous closing price of $6.08. In other words, the price has increased by $0.33 from its previous closing price. On the day, 0.94 million shares were traded.
Ratios:
To gain a deeper understanding of RES’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.13. For the most recent quarter (mrq), Quick Ratio is recorded 3.44 and its Current Ratio is at 4.03. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on June 16, 2023, Downgraded its rating to Sell and sets its target price to $7 from $8.25 previously.
On April 28, 2022, Johnson Rice Upgraded its rating to Accumulate which previously was Hold but kept the price unchanged to $13.
Valuation Measures:
As of this moment, RPC,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.33, and their Forward P/E ratio for the next fiscal year is 12.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 1.22.
Stock Price History:
Over the past 52 weeks, RES has reached a high of $8.19, while it has fallen to a 52-week low of $5.54. The 50-Day Moving Average of the stock is -1.47%, while the 200-Day Moving Average is calculated to be -3.67%.
Shares Statistics:
A total of 214.97M shares are outstanding, with a floating share count of 95.15M. Insiders hold about 55.74% of the company’s shares, while institutions hold 44.49% stake in the company.
