2 weeks Ago By Defense World Staff
RGC Resources ( NASDAQ:RGCO – Get Free Report ) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Friday. RGC Resources Price Performance RGCO traded up $1.
32 on Friday, reaching $22.67. 11,698 shares of the company’s stock were exchanged, compared to its average volume of 14,502.
RGC Resources has a twelve month low of $15.36 and a twelve month high of $23.70.
The stock has a market cap of $230.80 million, a PE ratio of 17.44 and a beta of 0.
15. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.
07 and a quick ratio of 0.69. The stock’s fifty day moving average price is $20.
87 and its 200-day moving average price is $20.55. RGC Resources ( NASDAQ:RGCO – Get Free Report ) last issued its earnings results on Monday, August 5th.
The energy company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.
05). The company had revenue of $14.46 million during the quarter, compared to analyst estimates of $14.
00 million. RGC Resources had a return on equity of 11.93% and a net margin of 15.
04%. During the same period last year, the business earned $0.07 earnings per share.
Sell-side analysts expect that RGC Resources will post 1.14 EPS for the current year. Hedge Funds Weigh In On RGC Resources RGC Resources Company Profile ( Get Free Report ) RGC Resources, Inc, through its subsidiaries, operates as an energy services company.
It sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. The company also provides various unregulated services. It operates approximately 1,179 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility, as well as owns and operates six metering stations.
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