Company Shares of RPC (NYSE:RES) Drops by -1.72%

RPC (NYSE:RES) : During the past 4 weeks, traders have been relatively bearish on RPC (NYSE:RES), hence the stock is down -4.85% 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 -2.96% relative to the S&P 500. The 4-week change in the price of the stock is -3.31% and the stock has fallen -1.72% in the past 1 week.

The company shares have rallied 19.00% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $16.84 and the one year low was seen on Oct 2, 2015. The 50-Day Moving Average price is $15.22 and the 200 Day Moving Average price is recorded at $13.68.

The stock has recorded a 20-day Moving Average of 0.34% and the 50-Day Moving Average is 4.51%.


RPC (NYSE:RES): stock turned positive on Friday. Though the stock opened at $15.35, the bulls momentum made the stock top out at $15.655 level for the day. The stock recorded a low of $15.29 and closed the trading day at $15.47, in the green by 2.11%. The total traded volume for the day was 1,855,573. The stock had closed at $15.15 in the previous days trading.

In an insider trading activity, Hubbell Richard A, director officer (President and CEO) of Rpc Inc, unloaded 100,000 shares at an average price of $15.8 on June 6, 2016. The total amount of the transaction was worth $1,580,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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