Views of Wall Street’s Leading Experts on Reliance Global Group Inc

With 43.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.24 million shares. The 52-week range on RELI shows that it touched its highest point at $5.20 and its lowest point at $0.32 during that stretch. It currently has a 1-year price target of $7.00. Beta for the stock currently stands at 0.34.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RELI was up-trending over the past week, with a rise of 58.21%, but this was up by 4.82% over a month. Three-month performance dropped to -4.85% while six-month performance fell -77.45%. The stock lost -79.85% in the past year, while it has lost -1.30% so far this year.

Float and Shares Shorts:

At present, 4.78 million RELI shares are outstanding with a float of 3.87 million shares on hand for trading. On Mar 15, 2024, short shares totaled 46210.0, which was 0.97% higher than short shares on Feb 15, 2024. In addition to MELI as the firm’s MercadoLibre, Inc., REI serves as its Ring Energy, Inc.

Institutional Ownership:

Through their ownership of 6.79% of RELI’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RELI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, RELI has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and RELI currently yields $0.00. In the past year, RELI’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, RELI has a current buyback yield of $––. This was $–– for the TTM, and it was $–– for the past five years.