RPC, Inc.s in-depth stock price analysis indicates that the stock price has rallied 21.48% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 38.34% . Looking at the past 52 week period, the stock price is up at 69.03% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of RPC, Inc. has a positive value of 39.7 compared to overall market. RPC, Inc. (NYSE:RES) has tumbled 0.91% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 2.07% in the last four weeks. The stocks have underperformed the S&P 500 by 1.71% during the past week but RPC, Inc. (NYSE:RES) it has outperformed the index in 4 weeks by 0.24%.
RPC, Inc. (NYSE:RES) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.05 points or 0.23% at $21.72 with 1,515,852 shares getting traded. Post opening the session at $22, the shares hit an intraday low of $21.645 and an intraday high of $22.33 and the price was in this range throughout the day. The company has a market cap of $4,725 million and the number of outstanding shares has been calculated to be 217,522,210 shares. The 52-week high of RPC, Inc. (NYSE:RES) is $23.36 and the 52-week low is $11.28.
RPC Last issued its quarterly earnings results on Jan 25, 2017. The company reported $-0.10 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $-0.13. The company had revenue of $221.00 million for the quarter, compared to analysts expectations of $207.30 million. The companys revenue was down -17.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.18 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.RPC was Upgraded by Guggenheim to Buy on Jan 26, 2017. RPC was Upgraded by Credit Suisse to Outperform on Jan 26, 2017. RPC was Downgraded by Cowen on Jan 19, 2017 to Market Perform, Price Target of the shares are set at $20.RPC was Initiated by SunTrust to Buy on Jan 18, 2017. RPC was Upgraded by Nomura to Buy on Jan 17, 2017.
Company has reported several Insider transactions to the SEC, on Dec 14, 2016, Gary W Rollins (director 10% owner) sold 71,000 shares at 21.14 per share price.On Dec 14, 2016, R Randall Rollins (director officer 10% owner (Chairman of the Board) sold 71,000 shares at 21.14 per share price.On Dec 2, 2016, Ben M Palmer (VP, CFO and Treasurer) sold 14,521 shares at 20.32 per share price.
RPC, Inc. provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties. It operates its business through two business segments- Technical Services and Support Services. Services and products offered by the Company include Cudd Pumping, Coiled Tubing, Snubbing, Nitrogen Units, Thru Tubing Solutions, Wireline, Fluid Pumps, Well Control, Production Rental Tools, Patterson Rental Tools, Patterson Tubular Services and Well Control School. The Companys products and services can be found throughout the United States, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets. RPC, Inc. is headquartered in Atlanta, Georgia.