Regal Rexnord Corp (NYSE:RRX) currently has a daily average trading volume of 443.74K but it saw 888557 shares traded in last market. With a market cap of 10.69B USD, the company’s current market price of $160.68 came rising about 1.40 while comparing to the previous closing price of $158.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $183.85 and as low as $97.18.
Taking a look at 20-day trading activity of Regal Rexnord Corp (RRX) gives us an average price of $147.58, while its current price level is -12.60% below from 52-week high level whereas it is 65.34% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $145.06 while that of 200 days or SMA-200 reads an average of $146.19. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.03% during that period while stretching the period over a month that decreases to 3.54%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 64.55 which implies that the stock is in neutral territory.
Wolfe Research upgraded its recommendation for the stock as a “Outperform” from “Peer Perform” on December 11, 2023 while assigning a price target of $151.
Over the week, RRX’s stock price is moving 10.24% up while it is 21.56% when we observe its performance for the past one month. Year-to-date it is 8.55% up and over the past year, the stock is showing an upside performance of 2.88%.
Currently, Regal Rexnord Corp’s total number of outstanding shares is 66.30M. Company’s return on investment (ROI) stands at -0.25% and return on equity (ROE) at -0.50%. It has a 13.54 of forward P/E ratio. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 1.71 while price to sale or P/S ratio amounts to 1.63. Its return on asset (ROA) is -0.20% on average.
