Republic Services, Inc. (NYSE:RSG) currently has a daily average trading volume of 1.07M but it saw 1379906 shares traded in last market. With a market cap of 63.41B USD, the company’s current market price of $201.90 came rising about 0.90 while comparing to the previous closing price of $200.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $208.69 and as low as $140.23. In the recent trading on the day, stock has struck highest price mark of $199.61 while lowest mark touched by it was $202.03.
Taking a look at 20-day trading activity of Republic Services, Inc. (RSG) gives us an average price of $202.69, while its current price level is -3.25% below from 52-week high level whereas it is 43.98% 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 $201.96 while that of 200 days or SMA-200 reads an average of $188.30. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.18% during that period while stretching the period over a month that increases to 1.49%. 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 48.63 which implies that the stock is in neutral territory.
Truist upgraded its recommendation for the stock as a “Buy” from “Hold” on July 11, 2024 while assigning a price target range of $192-$220. Deutsche Bank also issued its recommendations for the stock as it initiated the price target for the stock is $203.
Over the week, RSG’s stock price is moving 0.56% up while it is -2.80% when we observe its performance for the past one month. Year-to-date it is 22.43% up and over the past year, the stock is showing an upside performance of 41.68%.
Currently, Republic Services, Inc.’s total number of outstanding shares is 314.60M. Company’s return on investment (ROI) stands at 8.30% and return on equity (ROE) at 17.78%. It has a price to earnings ratio (P/E ratio) of 33.82 while having a 29.42 of forward P/E ratio. Stock’s beta reads 0.71. Stock has a price to book (P/B) ratio of 5.76 while price to sale or P/S ratio amounts to 4.07. Its return on asset (ROA) is 6.10% on average.
