Putting The Spotlight On RPC, Inc. (RES)

RPC, Inc. (NYSE:RES) currently has a daily average trading volume of 1.93M but it saw 1701986 shares traded in last market. With a market cap of 1.35B USD, the company’s current market price of $6.29 remained unchanged while comparing to the previous closing price of $6.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.22 and as low as $5.66. In the recent trading on the day, stock has struck highest price mark of $6.18 while lowest mark touched by it was $6.32.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Citigroup which downgraded the stock as “Sell” in its note to investors issued on June 16, 2023, recommending a price target of between $8.25 and $7 for it. Johnson Rice upgraded its recommendation for the stock as a “Accumulate” from “Hold” on April 28, 2022 while assigning a price target of $13.

Over the week, RES’s stock price is moving -9.37% down while it is -5.41% when we observe its performance for the past one month. Year-to-date it is -13.60% down and over the past year, the stock is showing a downside performance of -28.60%.

Currently, RPC, Inc.’s total number of outstanding shares is 215.03M. Company’s return on investment (ROI) stands at 10.82% and return on equity (ROE) at 11.39%. It has a price to earnings ratio (P/E ratio) of 11.50 while having a 11.08 of forward P/E ratio. Stock’s beta reads 1.58. Stock has a price to book (P/B) ratio of 1.28 while price to sale or P/S ratio amounts to 0.92. Its return on asset (ROA) is 9.13% on average.