RPC (RES) has been under a strong bear grip, hence the stock is down -10.93% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.18% in the past 1 week. The stock has risen by 1.12% in the past week indicating that the buyers are active at lower levels, but the stock is down -7.94% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 2.9% and the 50-Day Moving Average is 3.51%. RPC Inc. has dropped 4.17% during the last 3-month period . Year-to-Date the stock performance stands at 21.26%.
RPC (NYSE:RES): stock turned positive on Friday. Though the stock opened at $14.02, the bulls momentum made the stock top out at $14.535 level for the day. The stock recorded a low of $14 and closed the trading day at $14.49, in the green by 2.26%. The total traded volume for the day was 1,293,466. The stock had closed at $14.17 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.