RPC (RES) Shares are Down -5.1%

RPC (RES) : During the past 4 weeks, traders have been relatively bearish on RPC (RES), hence the stock is down -10.63% 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 -5.68% relative to the S&P 500. The 4-week change in the price of the stock is -4.59% and the stock has fallen -5.1% in the past 1 week.

RPC (NYSE:RES): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.27 and $14.16 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.33, notching a gain of 0.42% for the day. The total traded volume was 2,087,547 . The stock had closed at $14.27 on the previous day.


The stock has recorded a 20-day Moving Average of 5.1% and the 50-Day Moving Average is 4.28%. RPC Inc. has dropped 3.04% during the last 3-month period . Year-to-Date the stock performance stands at 19.92%.

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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