Stocks of Range Resources Corp (NYSE:RRC) traded higher last session on Wall Street, down -0.56% to $33.86.
RRC stock price is now -8.76% away from the 50-day moving average and -0.74% away from the 200-day moving average. The market capitalization of the company currently stands at $8.09B.
With the price target enhanced from $41 to $42, ROTH MKM Upgraded its rating from Neutral to Buy for Range Resources Corp (NYSE: RRC). On March 26, 2025, Morgan Stanley Upgraded its previous ‘Underweight’ rating to ‘Equal-Weight’ on the stock increasing its target price from $40 to quote $49, while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, Scucchi Mark, EVP & CFO sold 59,994 shares of the company’s stock on Mar 20 ’25. The stock was sold for $2,408,489 at an average price of $40.15. Upon completion of the transaction, the EVP & CFO now directly owns 690,094 shares in the company, valued at $23.37 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 20 ’25, EVP & CFO Scucchi Mark sold 45,142 shares of the business’s stock. A total of $1,817,868 was realized by selling the stock at an average price of $40.27. A total of 2.61% of the company’s stock is owned by insiders.
During the past 12 months, Range Resources Corp has had a low of $27.29 and a high of $41.95. As of last week, the company has a debt-to-equity ratio of 0.46, a current ratio of 0.56, and a quick ratio of 0.56. According to the stock market information, the enterprise value for the company is $9546214400, which is based on a 30.35 price-to-earnings ratio, a 1.33 price-to-earnings-growth ratio, and a beta of 0.64. The fifty day moving average price for RRC is $37.109 and a two-hundred day moving average price translates $34.1126 for the stock.
The latest earnings results from Range Resources Corp (NYSE: RRC) was released for 2025-03-31. The net profit margin was 10.35% and return on equity was 6.96% for RRC. The company reported revenue of $690.55 million for the quarter, compared to $645.46 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.99 percent.
