Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.61 million shares were traded. RES stock price reached its highest trading level at $5.94 during the session, while it also had its lowest trading level at $5.75.
Ratios:
For a better understanding of RES, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.26. 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 1255436544 and an Enterprise Value of 994347904. As of this moment, RPC,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.62, and their Forward P/E ratio for the next fiscal year is 13.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 0.675 whereas that against EBITDA is 3.887.
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 -7.22%, while the 200-Day Moving Average is calculated to be -12.38%.
Shares Statistics:
Over the past 3-months, RES traded about 1.70M shares per day on average, while over the past 10 days, RES traded about 1227980 shares per day. 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 46.29% stake in the company. Shares short for RES as of 1731628800 were 17479016 with a Short Ratio of 10.31, 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
RES’s forward annual dividend rate is 0.16, up from 0.16 a year ago. Against a Trailing Annual Dividend Yield of 0.027397258The stock’s 5-year Average Dividend Yield is 2.16.
