Economy

Range Resources Corporation (RRC) stock deals with 6503426 shares actively on Friday

Range Resources Corporation (RRC) stock deals with 6503426 shares actively on Friday

Oclaro, Inc. (NASDAQ:OCLR) has risen 92.74% since December 10, 2016 and is uptrending. It has outperformed by 26.06% the S&P500.

Raging Capital Management Llc decreased Antero Res Corp (AR) stake by 43.08% reported in 2017Q2 SEC filing. Finally, BMO Capital Markets set a $30.00 target price on shares of Range Resources and gave the company a "buy" rating in a research note on Tuesday, October 10th. GAAP net loss was $135 million, or $0.43 per share, compared to net income of $238 million, or $0.78 per share during the same quarter prior year. Bronfman E.L. Rothschild L.P. raised its position in shares of Range Resources Corporation by 7.3% in the first quarter. Los Angeles And Equity Rech invested in 16,817 shares or 0% of the stock. The company has a market cap of $3,957.82, a PE ratio of 44.31 and a beta of 0.91. It has underperformed by 52.75% the S&P500.

Investors sentiment decreased to 1.36 in 2017 Q2.

A number of institutional investors and hedge funds have recently made changes to their positions in RRC. FDO Partners LLC's holdings in Range Resources Corporation were worth $2,424,000 at the end of the most recent reporting period. Ellington Mngmt Grp Inc Incorporated Ltd Liability Com holds 0.04% or 29,300 shares. Miller Howard Incorporated reported 0.15% of its portfolio in Range Resources Corporation (NYSE:RRC).

Following some medium-term indicators on shares of Range Resources Corporation (RRC), we can see that the 40-day commodity channel index signal is presently Sell while the 50-day Parabolic SAR generates a Sell signal.

More important recent Range Resources Corporation (NYSE:RRC) news were published by: Finance.Yahoo.com which released: "Range Resources (RRC) Down 5.1% Since Earnings Report: Can It Rebound?" on November 24, 2017, also Seekingalpha.com published article titled: "Can Range Resources' 100 Trillion Cubic Feet Of Natural Gas Keep Your ...", Nasdaq.com published: "Kitzinger Lautmann Capital Management Inc Buys The Kroger Co, Range Resources ..." on November 17, 2017. New Jersey Better Educational Savings reported 0.4% of its portfolio in Range Resources Corporation (NYSE:RRC).

Keeping an eyeball on Gross profit Margin, Net profit Margin & Operating Margin, the Gross profit margin of 83.10%; the net profit margin of 12.40% while its Operating margin was 12.60% for Range Resources Corporation (RRC).

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Range Resources Corporation (NYSE:RRC) had an increase of 4.94% in short interest. 11,692 are owned by Cypress Asset Mngmt Tx. (NASDAQ:ORLY). Assetmark stated it has 129 shares or 0% of all its holdings. Nomura has 89,300 shares. Loring Wolcott Coolidge Fiduciary Limited Liability Partnership Ma reported 4,680 shares.

Looking at the stock's movement on the chart, Range Resources Corporation have shares float of 12.05%. Amg National Trust Financial Bank owns 56,440 shares or 0.09% of their U.S. portfolio. Allsquare Wealth Mgmt Llc invested in 1,087 shares or 0.02% of the stock. Out of 5 Wall Street analysts rating Charles Schwab, 5 give it "Buy", 0 "Sell" rating, while 0 recommend "Hold". The firm has "Overweight" rating given on Friday, January 13 by Piper Jaffray. Therefore 41% are positive. The company was maintained on Monday, April 3 by Credit Suisse. On Friday, April 15 the stock rating was downgraded by Tudor Pickering to "Hold". (NASDAQ:INTU) has "Buy" rating given on Wednesday, August 23 by Oppenheimer. (NASDAQ:ORLY) has "Sector Perform" rating given on Thursday, February 9 by RBC Capital Markets. Stifel Nicolaus lowered their target price on shares of Range Resources Corporation from $52.00 to $48.00 and set a "buy" rating on the stock in a research report on Thursday, March 23rd.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th.

While looking at the Stock's Performance, Range Resources Corporation now shows a Weekly Performance of -13.08%, where Monthly Performance is -13.64%, Quarterly performance is -5.24%, 6 Months performance is -30.63% and yearly performance percentage is -58.08%. 3M Company (NYSE:MMM) was reduced too.

Shareholders of record on Thursday, June 15th will be paid a $0.02 dividend. FUNK JAMES M had bought 4,000 shares worth $91,832 on Wednesday, June 14. Massmutual Trust Co. FSB ADV purchased a new position in shares of Range Resources Corporation during the fourth quarter worth about $118,000. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. Therefore 86% are positive. Robert W. Baird maintained the stock with "Buy" rating in Friday, September 8 report. The rating was maintained by Citigroup on Monday, September 14 with "Buy". The rating was reinitiated by Jefferies on Wednesday, November 1 with "Buy". The stock of FLY Leasing Limited (NYSE:FLY) earned "Outperform" rating by RBC Capital Markets on Friday, July 31. Credit Suisse Ag stated it has 482,823 shares or 0.01% of all its holdings. As per Tuesday, August 4, the company rating was downgraded by Stephens. The stock witnessed 7.76% gains, 21.86% gains and 13.28% gains for the 1-month, 3-month and 6-month period, respectively.

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