07 July, 2017
ValuEngine cut shares of Range Resources Corporation (NYSE:RRC) from a hold rating to a sell rating in a report published on Friday, June 2nd.
Several research firms recently issued reports on NJR. Evercore ISI raised Range Resources Corporation to a "buy" rating and set a $40.00 price objective on the stock in a research report on Wednesday, April 19th.
IMAX Corporation (IMAX) declined -2.91% and its total traded volume was 1.65 million shares contrast to the average volume of 1.34 million shares. They noted that the move was a valuation call. Jefferies Group LLC reiterated a "buy" rating and set a $43.00 price target on shares of Range Resources Corporation in a report on Thursday, April 6th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and twenty-one have issued a buy rating to the company's stock.
How Active Are Range Resources Corporation (NYSE:RRC) Shares? Regardless, closing prices are a useful tool that investors use to quantify changes in stock prices over time. The company's 50 day moving average price is $23.47 and its 200-day moving average price is $28.73. Year to Date (YTD) performance of Range Resources Corporation (RRC) is -31.64 percent while its Performance (Week) is 2.53 percent and Performance (month) is at 5.62 percent. The stock now has a Market Cap of $5.59B.
Range Resources Corporation (NYSE:RRC) last posted its quarterly earnings data on Monday, April 24th. The utilities provider reported $1.21 EPS for the quarter, topping the consensus estimate of $1.00 by $0.21. New Jersey Resources Corp had a net margin of 14.94% and a return on equity of 37.23%. The company had revenue of $607 million for the quarter, compared to analyst estimates of $585.45 million.
Shares of the company have shown an EPS growth of -65.80% in the last 5 years. On average, analysts predict that Range Resources Corporation will post $0.72 EPS for the current year.
"Inc." was first posted by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this report on another publication, it was illegally copied and republished in violation of US and worldwide trademark and copyright laws. Investors of record on Thursday, June 15th were issued a dividend of $0.255 per share. Based on the stock's volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 2.85% and month of 3.78%. Range Resources Corporation's dividend payout ratio (DPR) is -5.16%. Also, insider Chad L. Stephens sold 28,744 shares of the business's stock in a transaction on Wednesday, May 31st. Recently, the stock has been noticed trading -2.51% away from the 20-day moving average.
Quantres Asset Management Ltd increased Southwestern Energy Co (NYSE:SWN) stake by 172,900 shares to 205,100 valued at $2.22 million in 2016Q4. 4,000 shares valued at $91,832 were bought by FUNK JAMES M on Wednesday, June 14. $166,824 worth of stock was sold by Walker Ray N JR on Friday, June 9. The stock decreased 4.40% or $0.2 on July 3, reaching $4.35. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The share price is now down -21.77% for the past three months.
Other hedge funds have also recently added to or reduced their stakes in the company. Janus Capital Management LLC increased its stake in shares of Range Resources Corporation by 56.2% in the fourth quarter. The institutional investor owned 97,109 shares of the oil and gas exploration company's stock after selling 750 shares during the period. The Quantres Asset Management Ltd holds 49,000 shares with $1.68 million value, down from 85,300 last quarter. FMR LLC now owns 6,421,931 shares of the oil and gas exploration company's stock valued at $220,658,000 after buying an additional 1,438,834 shares during the period. M&T Bank Corp increased its stake in Range Resources Corporation by 7.5% in the first quarter. The stock traded at a volume of 6.03 million shares. (NYSE:RRC). State Of New Jersey Common Pension Fund D reported 0.03% in Range Resources Corp. Following the sale, the chief operating officer now owns 63,861 shares of the company's stock, valued at approximately $1,479,659.37. Range Resources Corporation (RRC) maintained activity of 5.64 million shares that trade hands on average basis.
Range Resources Corporation (RRC) jumped 1.38 percent and ended the day at $23.49.
