Post-Trade Analysis: Reliance Global Group Inc (RELI) Climbs 2.28, Closing at 2.24

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

After finishing at $2.19 in the prior trading day, Reliance Global Group Inc (NASDAQ: RELI) closed at $2.24, up 2.28%. In other words, the price has increased by $2.28 from its previous closing price. On the day, 1.16 million shares were traded. RELI stock price reached its highest trading level at $2.54 during the session, while it also had its lowest trading level at $2.23.

Ratios:

Our goal is to gain a better understanding of RELI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.57. In the meantime, Its Debt-to-Equity ratio is 4.85 whereas as Long-Term Debt/Eq ratio is at 4.06.

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 Jun 18 ’24 when Markovits Joel sold 27,000 shares for $0.70 per share. The transaction valued at 18,976 led to the insider holds 184,338 shares of the business.

Beyman Ezra bought 30,000 shares of RELI for $8,502 on Jun 26 ’24. The Chairman and CEO now owns 527,100 shares after completing the transaction at $0.28 per share. On Jun 18 ’24, another insider, Beyman Yaakov, who serves as the Exec VP, Insurance Division of the company, sold 15,000 shares for $0.78 each. As a result, the insider received 11,728 and left with 43,783 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 2776278 and an Enterprise Value of 15389742. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 1.106 whereas that against EBITDA is -5.808.

Stock Price History:

Over the past 52 weeks, RELI has reached a high of $43.69, while it has fallen to a 52-week low of $2.12. The 50-Day Moving Average of the stock is -22.92%, while the 200-Day Moving Average is calculated to be -59.93%.

Shares Statistics:

The stock has traded on average 144.18K shares per day over the past 3-months and 306520 shares per day over the last 10 days, according to various share statistics. A total of 1.24M shares are outstanding, with a floating share count of 1.15M. Insiders hold about 6.90% of the company’s shares, while institutions hold 2.66% stake in the company. Shares short for RELI as of 1726185600 were 22706 with a Short Ratio of 0.16, compared to 1723680000 on 37041. Therefore, it implies a Short% of Shares Outstanding of 22706 and a Short% of Float of 1.9199998999999999.

Most Popular