Regal Rexnord Corp (NYSE:RRX) currently has a daily average trading volume of 456.72K but it saw 553741 shares traded in last market. With a market cap of 10.11B USD, the company’s current market price of $151.98 came rising about 0.82 while comparing to the previous closing price of $150.75. 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. In the recent trading on the day, stock has struck highest price mark of $147.23 while lowest mark touched by it was $153.08.
Taking a look at 20-day trading activity of Regal Rexnord Corp (RRX) gives us an average price of $159.00, while its current price level is -17.33% below from 52-week high level whereas it is 56.39% 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 $151.30 while that of 200 days or SMA-200 reads an average of $151.39. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.10% during that period while stretching the period over a month that decreases to 3.22%. 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 43.91 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 -7.19% down while it is 1.78% when we observe its performance for the past one month. Year-to-date it is 2.68% up and over the past year, the stock is showing a downside performance of -5.38%.
Currently, Regal Rexnord Corp’s total number of outstanding shares is 66.30M. Company’s return on investment (ROI) stands at -0.01% and return on equity (ROE) at -0.02%. It has a 13.03 of forward P/E ratio. Stock’s beta reads 1.07. Stock has a price to book (P/B) ratio of 1.59 while price to sale or P/S ratio amounts to 1.59. Its return on asset (ROA) is -0.01% on average.
