Ready to Jump After Recent Trade: Reliance Global Group Inc (RELI)

With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.02 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 0.33.

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 down-trending over the past week, with a drop of -5.41%, but this was down by -9.09% over a month. Three-month performance dropped to -38.92% while six-month performance fell -84.58%. The stock lost -87.32% in the past year, while it has lost -34.82% so far this year.

Float and Shares Shorts:

At present, 4.76 million RELI shares are outstanding with a float of 4.60 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.