Range Resources Corporation (NYSE:RRC) has a beta value of 2.67 and has seen 1,252,988 shares traded in the recent trading session. The company, currently valued at $1.4 Billion, closed the recent trade at $5.47 per share which meant it lost $0 on the day or -1.18% during that session. The RRC stock price is -50.82% off its 52-week high price of $8.25 and 70.57% above the 52-week low of $1.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 12.12 Million shares traded. The 3-month trading volume is 10.84 Million shares.
Range Resources Corporation (NYSE:RRC) trade information
Despite being -1.54% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Jun 24 when the RRC stock price touched $5.96-1 or saw a rise of 10.15%. Year-to-date, Range Resources Corporation shares have moved 10.41%, while the 5-day performance has seen it change -8.3%. Over the past 30 days, the shares of Range Resources Corporation (NYSE:RRC) have changed -10.6%. Short interest in the company has seen 50.25 Million shares shorted with days to cover at 4.64.
Range Resources Corporation (RRC) estimates and forecasts
Figures show that Range Resources Corporation shares have underperformed across the wider relevant industry. The company’s shares have gained +21.27% over the past 6 months, with this year growth rate of -195%, compared to -30.8% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -1000% and -57.1% for the next quarter. Revenue growth from the last financial year stood is estimated to be -13.3%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -30.8% over the past 5 years. Earnings growth for 2020 is a modest +2.4% while over the next 5 years, the company’s earnings are expected to increase by 10.09%.