Republic Services (RSG) : During the past 4 weeks, traders have been relatively bearish on Republic Services (RSG), hence the stock is down -5.12% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.72% relative to the S&P 500. The 4-week change in the price of the stock is -2.76% and the stock has fallen -0.29% in the past 1 week.
Republic Services (NYSE:RSG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.04 and $50.88 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $51.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $51.11, notching a gain of 0.51% for the day. The total traded volume was 1,252,026 . The stock had closed at $50.85 on the previous day.
The stock has recorded a 20-day Moving Average of 1.65% and the 50-Day Moving Average is 1.32%. Republic Services, Inc. is up 7.21% in the last 3-month period. Year-to-Date the stock performance stands at 17.61%.
Republic Services (RSG) stock is expected to deviate a maximum of $3.81 from the average target price of $54.25 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $60 and the most muted being $49.
Republic Services, Inc. is a provider of services in the domestic non-hazardous solid waste services industry. The Company provides non-hazardous solid waste collection services for commercial, industrial, municipal and residential customers. The Company operates three geographic operating regions that are also its segments: East, Central and West. Each region is organized into several areas and each area contains multiple business units or operating locations. The Company has approximately 340 collection operations, owned or operated 198 transfer stations, 189 active solid waste landfills and 60 recycling centers. It also operates approximately 72 landfill gas and renewable energy projects. The Company operates in 39 states and Puerto Rico. The Company provides collection, transfer, recycling and landfill services in all its regions.