RES - Shares of RPC Inc. (RES) Rise to a New 52-Week High
Shares of RPC Inc. (NYSE:RES) traded today at $8.23, eclipsing its 52-week high. Approximately 107,000 shares have changed hands today, as compared to an average 30-day volume of 1.2 million shares.
RPC Inc. share prices have moved between a 52-week high of $8.23 and a 52-week low of $3.33 and are now trading 144% above that low price at $8.14 per share.
Potential upside of 10.6% exists for RPC Inc., based on a current level of $8.14 and analysts' average consensus price target of $9.00.
RPC Inc is an oilfield services company. It provides specialized oilfield services and equipment primarily to independent and major oil and gas companies engaged in the exploration, production, and development of oil and gas properties throughout the United States. The company's operating segment includes Technical Services and Support Services. It generates maximum revenue from the Technical Services segment. Technical Services segment consists primarily of pressure pumping, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, and fishing. Support Services segment consists primarily of drill pipe and related tools, pipe handling, pipe inspection and storage services, and oilfield training and consulting services.
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