GRAY STEVEN D, Director, added 20,000 shares of Range Resources Corporation (RRC) to its portfolio at the rate of $8.77 per share valuing $175,390 on May 02. The insider has now 40,000 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Range Resources Corporation (RRC) was $6.74. Currently, the 1st Resistance Point for this stock is $6.82, with a 2nd Resistance Point sitting at $6.91. Meanwhile, this company’s stock has a 1st Support Level at $6.62 and a 2nd Support Level at $6.51. Range Resources Corporation (RRC) stock has lost -$0.75, or -10.01%, in the past five days. In the last full month, these shares have lost -$2.35, or -25.85%. In the past three months, this stock’s price has fallen by -$4.07, or -37.65%. This year-to-date, Range Resources Corporation (RRC) shares have lost -$2.83, or -29.57%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Range Resources Corporation (RRC) stock, 80% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Sell .”
With 251,148 K shares outstanding, this company currently has a market capitalization of $1,652,554K. Range Resources Corporation (RRC) generates $3,283 M in annual sales, amounting to annual net income of -$1,746,480 K. This stock has generated a 1-Year Total Return of -59.45%, a 3-Year Total Return of -84.79%, and a 5-year Total Return of -92.34%. This stock’s 5-Year Dividend Growth is -50.00%, with its most recent dividend valued at $0.020 per share on 06/13/19. Its Annual Dividend Yield is 1.17%, and its Annual Dividend Rate is 0.08.
In the most recently-reported fiscal quarter, which ended in Mar-19, Range Resources Corporation (RRC) reported earnings of $0.36 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.24 per share, representing a 0.12 difference and 50.13% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.21 represented a 0.08 difference from the consensus estimate calling for $0.13 per share, which was a 57.66% surprise.
For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.08 per share. This estimate came from a total of 10 Wall Street Analysts. Of those market experts, the high estimate was $0.18 and the low estimate was -$0.06. In the year-ago quarter, Range Resources Corporation (RRC) generated per-share earnings of $0.20. If the analysts are correct about the current quarter’s earnings, the growth will be -60.00% .
Turning our focus now to insider trading activity, there have been 16 purchases (267,880 shares in total) and 4 sale (47,405 shares in total) in the last 3 months. In the last 6 months, there have been 25 insider buys amounting to 763,674 shares and 5 insider sales amounting to 47,825 shares. In the past full year, 33 insider purchases were made (involving 809,585 shares) and 9 insider sell-offs equivalent to 88,899 shares.
Moving onto liquidity, Range Resources Corporation (RRC) has a Current Ratio of 0.80, a Quick Ratio of 0.79 and a Cash Ratio of 0.12. Looking at this company’s capital structure, its Total Debt to Total Equity is 94.52, its Total Debt to Total Capital is 48.59, and its Total Debt to Total Assets is now 39.52. Looking even further ahead into the future, its Long-Term Debt to Equity is 94.52 and its Long-Term Debt to Total Capital is 48.59.