Reliance Global Group Inc (NASDAQ: RELI) Could Be A Good Bet If You’re A Risk-Capital Investor

In today’s recent session, 0.44 million shares of the Reliance Global Group Inc (NASDAQ:RELI) have been traded, and its beta is 0.21. Most recently the company’s share price was $1.40, and it changed around $0.09 or 6.88% from the last close, which brings the market valuation of the company to $2.39M. RELI at last check was trading at a discount to its 52-week high of $24.14, offering almost -1624.29% off that amount. The share price’s 52-week low was $1.20, which indicates that the recent value has risen by an impressive 14.29% since then. We note from Reliance Global Group Inc’s average daily trading volume that its 10-day average is 92110.0 shares, with the 3-month average coming to 111.95K.

Reliance Global Group Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended RELI as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

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Reliance Global Group Inc (NASDAQ:RELI) trade information

Instantly RELI has been showing a green trend so far today with a performance of 6.88% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.8020 on recent trading dayincreased the stock’s daily price by 22.31%. The company’s shares are currently down -84.66% year-to-date, but still down -21.78% over the last five days. On the other hand, Reliance Global Group Inc (NASDAQ:RELI) is -40.67% down in the 30-day period. We can see from the shorts that 26662.0 shares have been sold at a short interest cover period of 0.22 day(s).

RELI Dividends

Reliance Global Group Inc’s next quarterly earnings report is expected to be released in December.

Reliance Global Group Inc (NASDAQ:RELI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 5.00% of Reliance Global Group Inc shares, and 1.46% of them are in the hands of institutional investors. The stock currently has a share float of 1.53%.

Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 5.98 shares worth $8337.0, making up 0.35% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 2.38 shares worth around $3324.0, which represents about 0.14% of the total shares outstanding.