During the recent session, Reliance Global Group Inc (NASDAQ:RELI)’s traded shares were 1.7 million, with the beta value of the company hitting 0.37. At the last check today, the stock’s price was $0.27, reflecting an intraday loss of -4.56% or -$0.02. The 52-week high for the RELI share is $5.07, that puts it down -1777.78 from that peak though still a striking 22.22% gain since the share price plummeted to a 52-week low of $0.21. The company’s market capitalization is $2.34M, and the average trade volume was 10.66 million shares over the past three months.
Reliance Global Group Inc (NASDAQ:RELI) trade information
Reliance Global Group Inc (RELI) registered a -4.56% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.56% in intraday trading to $0.27, hitting a weekly high. The stock’s 5-day price performance is -54.94%, and it has moved by 8.19% in 30 days. Based on these gigs, the overall price performance for the year is -94.12%.
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Reliance Global Group Inc (RELI) estimates and forecasts
In the rating firms’ projections, revenue will decrease -18.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 3.6M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 3.5M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 4.21M and 4.15M respectively. In this case, analysts expect current quarter sales to shrink by -14.40% and then drop by -15.70% in the coming quarter.
RELI Dividends
Reliance Global Group Inc is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
