Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Reliance Global Group Inc (NASDAQ: RELI) was $2.22 for the day, up 22.65% from the previous closing price of $1.81. In other words, the price has increased by $22.65 from its previous closing price. On the day, 0.81 million shares were traded. RELI stock price reached its highest trading level at $2.5 during the session, while it also had its lowest trading level at $1.86.
Ratios:
Our analysis of RELI’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 4.81 whereas as Long-Term Debt/Eq ratio is at 3.97.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 23 ’24 when Beyman Yaakov sold 3,001 shares for $3.80 per share. The transaction valued at 11,407 led to the insider holds 6,667 shares of the business.
Blumenfrucht Alex sold 5,236 shares of RELI for $19,321 on Dec 23 ’24. The Director now owns 484 shares after completing the transaction at $3.69 per share. On Jun 18 ’24, another insider, Markovits Joel, who serves as the Chief Financial Officer of the company, sold 27,000 shares for $0.70 each. As a result, the insider received 18,976 and left with 184,338 shares of the company.
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 3801905 and an Enterprise Value of 16435332. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 1.167 whereas that against EBITDA is -7.373.
Stock Price History:
The Beta on a monthly basis for RELI is 0.13, which has changed by -0.78490794 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, RELI has reached a high of $18.53, while it has fallen to a 52-week low of $1.17. The 50-Day Moving Average of the stock is 17.87%, while the 200-Day Moving Average is calculated to be -34.20%.
Shares Statistics:
RELI traded an average of 1.90M shares per day over the past three months and 316090 shares per day over the past ten days. A total of 1.71M shares are outstanding, with a floating share count of 1.64M. Insiders hold about 4.52% of the company’s shares, while institutions hold 1.45% stake in the company. Shares short for RELI as of 1735603200 were 210223 with a Short Ratio of 0.11, compared to 1732838400 on 43515. Therefore, it implies a Short% of Shares Outstanding of 210223 and a Short% of Float of 12.920000000000002.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
