Shares of Range Resources Corporation (RRC) Drops by -2.33%

Range Resources Corporation (RRC) : During the past 4 weeks, traders have been relatively bearish on Range Resources Corporation (RRC), hence the stock is down -6.78% 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 -3.77% relative to the S&P 500. The 4-week change in the price of the stock is -2.71% and the stock has fallen -2.33% in the past 1 week. The stock has recorded a 20-day Moving Average of 1.92% and the 50-Day Moving Average is 0.31%.

Range Resources Corporation (NYSE:RRC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.13 and $42.55 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.91. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.10, notching a gain of 0.19% for the day. The total traded volume was 2,624,921 . The stock had closed at $43.02 on the previous day.


The company Insiders own 2.4% of Range Resources Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.94% . During last six month period, the net percent change held by insiders has seen a change of -12.37%. In a related news, The Securities and Exchange Commission has divulged that Dub Anthony V, director of Range Resources Corp, had unloaded 5,106 shares at an average price of $45.71 in a transaction dated on June 21, 2016. The total value of the transaction was worth $233,395.

Range Resources Corporation (Range) is an independent natural gas, natural gas liquids (NGLs) and oil company. The Company is engaged in the engaged in the exploration, development and acquisition of natural gas and oil properties, mostly in the Appalachian and Midcontinent regions of the United States. The Companys properties consist of interests in developed and undeveloped natural gas and oil leases in these regions. These interests are mostly in the form of working interests and, to a lesser extent, royalty and overriding royalty interests. The Companys activities in the Midcontinent region include drilling, production and field operations in the Texas Panhandle, as well as in the Anadarko Basin of western Oklahoma, the Nemaha Uplift of northern Oklahoma and Kansas, the Permian Basin of West Texas and Mississippi.

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