Analysis of Reliance Global Group Inc (RELI)’s performance, earnings and valuation

Reliance Global Group Inc [RELI] stock prices are down -10.53% to $2.38 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RELI shares have gain 95.08% over the last week, with a monthly amount glided 66.43%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

The stock price of Reliance Global Group Inc [RELI] has been fluctuating between $1.17 and $18.53 over the past year. Reliance Global Group Inc [NASDAQ: RELI] shares were valued at $2.38 at the most recent close of the market.

Analyzing the RELI fundamentals

The Reliance Global Group Inc [NASDAQ:RELI] reported sales of 14.08M for trailing twelve months, representing a surge of 5.06%. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at -1.18%, and Net Profit Margin reading is -1.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.96, Equity is -4.51 and Total Capital is -0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.45.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.11 points at the first support level, and at 1.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.76, and for the 2nd resistance point, it is at 3.15.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.26, the price to book ratio is 1.23.

Transactions by insiders

Recent insider trading involved Blumenfrucht Alex, Director, that happened on Dec 23 ’24 when 5236.0 shares were sold. Chief Financial Officer, Markovits Joel completed a deal on Jun 18 ’24 to sell 27000.0 shares. Meanwhile, Chairman and CEO Beyman Ezra bought 30000.0 shares on Jun 26 ’24.

Related Posts