Range Resources Corporation (RRC) Dips 4.55% for January 16

Equities Staff  |

Among the S&P 500’s biggest fallers on Tuesday January 16 was Range Resources Corporation (RRC). The stock experienced a 4.55% decline to $16.78 with 8.37 million shares changing hands.

Range Resources Corporation started at an opening price of 17.45 and hit a high of $17.47 and a low of $16.67. Ultimately, the stock took a hit and finished the day at $0.8 per share. Range Resources Corporation trades an average of 6.91 million shares a day out of a total 248.14 million shares outstanding. The current moving averages are a 50-day SMA of $17.33 and a 200-day SMA of $20.80. Range Resources Corporation hit a high of $36.40 and a low of $15.33 over the last year.

Range Resources Corp is an independent natural gas exploration and production company. All the business activities are functioned in the areas of Pennsylvania and North Louisiana.

With its headquarters located in Fort Worth, TX, Range Resources Corporation employs 762 people. After today’s trading, the company’s market cap has fallen to $4.16 billion, a P/S of 2.5, a P/B of 0.75, and a P/FCF of -18.8.

To dig deeper into the fundamentals of Range Resources Corporation and perform your own analysis, visit our Stock Valuation Analysis tool for RRC.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on Range Resources Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: RRC’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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