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The price of RPC, Inc (NYSE: RES) closed at $6.38 in the last session, up 0.47% from day before closing price of $6.35. In other words, the price has increased by $0.47 from its previous closing price. On the day, 0.74 million shares were traded. RES stock price reached its highest trading level at $6.505 during the session, while it also had its lowest trading level at $6.35.
Ratios:
We take a closer look at RES’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.85. For the most recent quarter (mrq), Quick Ratio is recorded 4.19 and its Current Ratio is at 5.04. 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:
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 1371521408 and an Enterprise Value of 1108718720. As of this moment, RPC,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.61, and their Forward P/E ratio for the next fiscal year is 15.04. 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 1.28. Its current Enterprise Value per Revenue stands at 0.752 whereas that against EBITDA is 4.334.
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 $5.63. The 50-Day Moving Average of the stock is 1.10%, while the 200-Day Moving Average is calculated to be -4.48%.
Shares Statistics:
According to the various share statistics, RES traded on average about 1.71M shares per day over the past 3-months and 1205500 shares per day over the past 10 days. A total of 214.97M shares are outstanding, with a floating share count of 95.42M. Insiders hold about 55.61% of the company’s shares, while institutions hold 46.33% stake in the company. Shares short for RES as of 1731628800 were 17479016 with a Short Ratio of 10.20, compared to 1728950400 on 19275686. Therefore, it implies a Short% of Shares Outstanding of 17479016 and a Short% of Float of 20.61.
Dividends & Splits
The forward annual dividend rate for RES is 0.16, which was 0.16 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.02519685The stock’s 5-year Average Dividend Yield is 2.16.
