Rgc Resources Stock Price on May 3, 2024
| RGCO Stock | USD 20.90 0.23 1.11% |
Below is the normalized historical share price chart for RGC Resources extending back to February 01, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of RGC Resources stands at 20.90, as last reported on the 29th of November, with the highest price reaching 21.48 and the lowest price hitting 20.54 during the day.
If you're considering investing in RGC Stock, it is important to understand the factors that can impact its price. As of now, RGC Stock is not too volatile. RGC Resources retains Efficiency (Sharpe Ratio) of 0.041, which implies the firm had a 0.041% return per unit of risk over the last 3 months. We have found thirty technical indicators for RGC Resources, which you can use to evaluate the volatility of the company. Please check RGC Resources' market risk adjusted performance of 0.0332, and Semi Deviation of 2.28 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
At this time, RGC Resources' Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Common Stock Total Equity is likely to grow to about 59.3 M, while Common Stock Shares Outstanding is likely to drop about 7.2 M. . As of the 29th of November 2024, Price To Sales Ratio is likely to drop to 0.98. In addition to that, Price Earnings Ratio is likely to drop to 12.62. RGC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of February 1994 | 200 Day MA 20.5263 | 50 Day MA 21.0918 | Beta 0.159 |
RGC |
Sharpe Ratio = 0.041
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| Cash | Small Risk | RGCO | High Risk | Huge Risk |
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Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average RGC Resources is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of RGC Resources by adding it to a well-diversified portfolio.
Price Book 1.975 | Enterprise Value Ebitda 16.1804 | Price Sales 2.5233 | Shares Float 8.2 M | Wall Street Target Price 27 |
RGC Resources Valuation on May 3, 2024
It is possible to determine the worth of RGC Resources on a given historical date. On May 3, 2024 RGC was worth 20.26 at the beginning of the trading date compared to the closed value of 20.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RGC Resources stock. Still, in general, we apply an absolute valuation method to find RGC Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of RGC Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RGC Resources' related companies.
| Open | High | Low | Close | Volume | |
| 20.35 | 20.96 | 20.35 | 20.83 | 10,015 | |
05/03/2024 | 20.26 | 20.99 | 20.26 | 20.99 | 8,015 |
| 20.99 | 21.20 | 20.69 | 21.01 | 8,624 |
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RGC Resources Trading Date Momentum on May 3, 2024
| On May 06 2024 RGC Resources was traded for 21.01 at the closing time. The top price for the day was 21.20 and the lowest listed price was 20.69 . The trading volume for the day was 8.6 K. The trading history from May 6, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.10% . The trading delta at closing time against the current closing price is 3.05% . |
RGC Resources Fundamentals Correlations and Trends
By evaluating RGC Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among RGC Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RGC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About RGC Resources Stock history
RGC Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for RGC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RGC Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing RGC Resources stock prices may prove useful in developing a viable investing in RGC Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 11.4 M | 7.2 M | |
| Net Loss | -28.6 M | -27.1 M |
RGC Resources Stock Technical Analysis
RGC Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
RGC Resources Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
RGC Resources cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
RGC Resources November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how RGC Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RGC Resources shares will generate the highest return on investment. By undertsting and applying RGC Resources stock market strength indicators, traders can identify RGC Resources entry and exit signals to maximize returns
RGC Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RGC Resources' price direction in advance. Along with the technical and fundamental analysis of RGC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RGC to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0254 | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0232 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RGC Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in RGC Stock, please use our How to Invest in RGC Resources guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Gas Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RGC Resources. If investors know RGC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RGC Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.90) | Earnings Share 1.16 | Revenue Per Share 8.337 | Quarterly Revenue Growth 0.051 | Return On Assets 0.0342 |
The market value of RGC Resources is measured differently than its book value, which is the value of RGC that is recorded on the company's balance sheet. Investors also form their own opinion of RGC Resources' value that differs from its market value or its book value, called intrinsic value, which is RGC Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RGC Resources' market value can be influenced by many factors that don't directly affect RGC Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RGC Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if RGC Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RGC Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.