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After finishing at $0.25 in the prior trading day, Reliance Global Group Inc (NASDAQ: RELI) closed at $0.23, down -6.95%. In other words, the price has decreased by -$6.95 from its previous closing price. On the day, 0.54 million shares were traded. RELI stock price reached its highest trading level at $0.254 during the session, while it also had its lowest trading level at $0.2261.
Ratios:
Our goal is to gain a better understanding of RELI by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 7.24 whereas as Long-Term Debt/Eq ratio is at 6.06.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 30 ’24 when Beyman Ezra bought 186,000 shares for $0.27 per share. The transaction valued at 50,220 led to the insider holds 303,886 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RELI now has a Market Capitalization of 1977696 and an Enterprise Value of 15493258. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 1.117 whereas that against EBITDA is -6.196.
Stock Price History:
Over the past 52 weeks, RELI has reached a high of $5.07, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is -22.63%, while the 200-Day Moving Average is calculated to be -75.59%.
Shares Statistics:
The stock has traded on average 1.56M shares per day over the past 3-months and 580360 shares per day over the last 10 days, according to various share statistics. A total of 8.61M shares are outstanding, with a floating share count of 6.95M. Insiders hold about 19.36% of the company’s shares, while institutions hold 4.85% stake in the company. Shares short for RELI as of 1715731200 were 27970 with a Short Ratio of 0.02, compared to 1713139200 on 96933. Therefore, it implies a Short% of Shares Outstanding of 27970 and a Short% of Float of 0.43.
