Range Resources Corporation (NYSE:RRC) currently has a “Buy” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.
Range Resources Corporation (NYSE:RRC) lost -0.06 Percent and closed its previous trading session at $15.59. The stock traded with the average Volume of 9.38 Million at the end of last session.
Range Resources Corporation (NYSE:RRC) has the Market Capitalization of 3.7 Billion. The Stock has its 52-week High of $30.30 and 52-Week Low of $11.93 and it touched its 52-week high on 04/05/17 and 52-Week Low on 02/09/18.
The company reported its last earnings Actual EPS of $0.22/share. While, the analyst predicted that the company could provide an EPS of $0.16/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.06/share which shows an Earnings Surprise of 37.5 Percent.
Sell side analysts plays vital role in buying and selling a stock where 6 analysts rated Range Resources Corporation (NYSE:RRC) as Buy, 0 analysts given Outperform signal, 1 reported Hold, and 0 analysts rated the stock as Sell.
The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 11.88% where SMA50 and SMA200 are 3.47% and -14.87% respectively.
The company shows its Return on Assets (ROA) value of 2.8%. The Return on Equity (ROE) value stands at 5.8%. While it’s Return on Investment (ROI) value is -0.4%.
Range Resources Corporation (NYSE:RRC) currently has a Weekly Volatility of 3.55% percent while its Monthly Volatility is at 4.49% percent. While talking about Performance of the Stock, Range Resources Corporation currently has a Weekly performance of 2.43%, monthly performance percentage is 22.66 percent, Quarterly performance is -3.05 percent, 6 months performance shows a percent value of -8.13% and Yearly Performance is -44.48 percent.
Range Resources Corporation is a leading U.S. independent oil and natural gas producer with operations focused in stacked-pay projects in the Appalachia Basin and Northern Louisiana. Range Resources Corporation’s strategy to achieve business objective is to increase reserves and production through internally generated drilling projects coupled with occasional complementary acquisitions and divestitures of non-core assets. The Company pursues an organic growth strategy targeting high return, low-cost projects within its large inventory of low risk development drilling opportunities. Through its wholly owned subsidiary, Independent Producer Finance, the company also provides financing to small oil and gas producers by purchasing term overriding royalty interests in their properties.