RPC (RES) Shares are Down -3.98%

RPC (RES) has risen sharply, recording gains of 8.35% in the past 4 weeks. However, the stock has corrected -3.98% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 8.58% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 3.12% and the fifty day Moving Average is 3.96%. RPC Inc. is up 7.39% in the last three month period. Year-to-Date the stock performance stands at 31.38%.

RPC (RES) : 9 Wall Street analysts covering RPC (RES) believe that the average level the stock could reach for the short term is $16.89. The maximum price target given is $22 and the minimum target for short term is around $10, hence the standard deviation is calculated at $3.86.


RPC (NYSE:RES): stock turned positive on Friday. Though the stock opened at $15.71, the bulls momentum made the stock top out at $16 level for the day. The stock recorded a low of $15.555 and closed the trading day at $15.7, in the green by 0.26%. The total traded volume for the day was 885,941. The stock had closed at $15.66 in the previous days trading.

RPC, Inc. (RPC) is an oilfield services holding company. The Company provides a specialized oilfield services and equipment to independent and oil and gas companies engaged in the exploration, production and development of oil and gas properties. The services and equipment provided include pressure pumping services, downhole tool services, coiled tubing services, snubbing services, nitrogen services, the rental of drill pipe and other specialized oilfield equipment, and well control. The Companys service lines include two segments in oil and gas services business segments: Technical Services and Support Services. RPC acts as a holding company for its operating units, Cudd Energy Services, Patterson Rental and Fishing Tools, Bronco Oilfield Services, Thru Tubing Solutions, Well Control School and others.

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