Reliance Global Group Inc (NASDAQ: RELI) Stock Forecast: An Analysis

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In the last trading session, 105.28 million Reliance Global Group Inc (NASDAQ:RELI) shares changed hands as the company’s beta touched 0.18. With the company’s per share price at $3.11 changed hands at $1.91 or 159.17% during last session, the market valuation stood at $5.25M. RELI’s last price was a discount, traded about -495.82% off its 52-week high of $18.53. The share price had its 52-week low at $1.17, which suggests the last value was 62.38% up since then. When we look at Reliance Global Group Inc’s average trading volume, we note the 10-day average is 87080.0 shares, with the 3-month average coming to 147.23K.

Reliance Global Group Inc (NASDAQ:RELI) trade information

Instantly RELI was in green as seen at the end of in last trading. With action 134.47%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -65.93%, with the 5-day performance at 134.47% in the green. However, in the 30-day time frame, Reliance Global Group Inc (NASDAQ:RELI) is 139.23% up. Looking at the short shares, we see there were 43515.0 shares sold at short interest cover period of 0.23 days.

RELI Dividends

Reliance Global Group Inc is expected to release its next quarterly earnings report in January.

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

If we look at who the major shareholders are, we find that insiders hold 5.00% of Reliance Global Group Inc shares while 1.46% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 1.53%.