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After finishing at $7.92 in the prior trading day, RPC, Inc. (NYSE: RES) closed at $7.36, down -7.07%. In other words, the price has decreased by -$7.07 from its previous closing price. On the day, 4.69 million shares were traded. RES stock price reached its highest trading level at $7.46 during the session, while it also had its lowest trading level at $6.84.
Ratios:
Our goal is to gain a better understanding of RES 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 7.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.42. For the most recent quarter (mrq), Quick Ratio is recorded 4.06 and its Current Ratio is at 4.79. 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 1585675136 and an Enterprise Value of 1482203648. As of this moment, RPC,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.20, and their Forward P/E ratio for the next fiscal year is 7.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 0.916 whereas that against EBITDA is 4.086.
Stock Price History:
Over the past 52 weeks, RES has reached a high of $9.41, while it has fallen to a 52-week low of $6.34. The 50-Day Moving Average of the stock is -3.26%, while the 200-Day Moving Average is calculated to be -5.90%.
Shares Statistics:
The stock has traded on average 1.58M shares per day over the past 3-months and 1787030 shares per day over the last 10 days, according to various share statistics. A total of 215.03M shares are outstanding, with a floating share count of 96.19M. Insiders hold about 55.36% of the company’s shares, while institutions hold 41.64% stake in the company. Shares short for RES as of 1713139200 were 14941214 with a Short Ratio of 9.46, compared to 1710460800 on 14129220. Therefore, it implies a Short% of Shares Outstanding of 14941214 and a Short% of Float of 17.52.
Dividends & Splits
In the trailing 12 months, RES’s forward annual dividend rate was 0.16, compared to 0.16 this year. Against a Trailing Annual Dividend Yield of 0.02020202The stock’s 5-year Average Dividend Yield is 2.16.
