MACD Oscillator Analysis for RPC Inc. (NYSE:RES)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of RPC Inc. (NYSE:RES) for the period of 9-Day stands at 23.93% while the stochastic %D for the same period stands at 20.29%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of RPC Inc. (NYSE:RES) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for RPC Inc. (NYSE:RES) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently RPC Inc. (NYSE:RES)’s 20-Day Bollinger Band indicates “Hold”.

About Company

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 Company’s 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.

Previous Day Activity Analysis

On the last trading day, RPC Inc. (NYSE:RES) opened the session at $23.01 and after going up 0.57% closed at $22.9. The stock lost -0.11 points in the last trade.

RPC Inc. (NYSE:RES)’s stock fluctuated in the range of $22.82 and $23.21 during the previous active session. RPC Inc. (NYSE:RES) traded with the volume of 1.09 Million with average volume of 1.53 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 1.16 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.6 and 53.25 respectively.

Currently the Insider Ownership of the shares of RPC Inc. (NYSE:RES) is at 0.4% and the shares outstanding are 217.35 Million.

Important Ratio Analysis

Some important ratios to consider here for RPC Inc. (NYSE:RES) are discussed below:

Dividend yield of RPC Inc. (NYSE:RES) stands at 1.05% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 16.2.

The Price to Sale P/S and Price to Book P/B shows the value of 4.55 and 5.8 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 39.57 and 0 correspondingly.

The Quick Ratio of RPC Inc. (NYSE:RES) stands at 3.3 while the Current Ratio depicts the value of 4.1.

Return on Assets ROA of RPC Inc. (NYSE:RES) is at -1.3% whereas, Return on Equity ROE and Return of Investment ROI of RPC Inc. (NYSE:RES) stand at -1.6% and -17.5% respectively.

Stock Performance Analysis

The stock performance of RPC Inc. (NYSE:RES) on the basis of 5 day trade show the dip of -0.69% whereas, the monthly performance of the stock shows increase of 0.93%.

The quarterly performance of the stock remained in green zone with the value of 9.94% while six month performance of the shares of RPC Inc. (NYSE:RES) remained bullish with the count of 23.85%.

The yearly and YTD performance of RPC Inc. (NYSE:RES) remained up at 24.19% and 15.6% respectively.