RPC, Inc. (NYSE:RES) [Trend Analysis] luring active investment momentum, shares a gain 2.03% to $21.66. RPC Inc. (RES) declared a loss of $21.1 million in its fourth quarter. On a per-share basis, the Atlanta-based company said it had a loss of 10 cents. The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.
The oil and gas services company posted revenue of $221 million in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $204.3 million. For the year, the company declared that its loss widened to $141.2 million, or 66 cents per share. Revenue was declared as $729 million. The total volume of 2.44 Million shares held in the session was surprisingly higher than its average volume of 1745.67 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -141.00%, and looking further price to next year’s EPS is 95.80%. While take a short look on price to sales ratio, that was 5.94.
Shares of S&P Global, Inc. (NYSE:SPGI) [Trend Analysis] runs in leading trade, it surging 0.70% to traded at $116.92. The firm has price volatility of 1.33% for a week and 1.62% for a month. Its beta stands at 1.48 times. The BOD of S&P Global (SPGI) authorized a 13.9% increase in the regular quarterly cash dividend on the Company’s common stock. “Raising the dividend underscores our strong financial position and our optimism about the future,” said Douglas L. Peterson, President and CEO of S&P Global.
“Returning cash to shareholders is a hallmark of our Company. In 2016, we returned $1.5 billion to shareholders in the form of dividends and share repurchases.” The Company has paid a dividend each year since 1937 and is one of fewer than 25 companies in the S&P 500 that has surged its dividend annually for at least the last 44 years.
Narrow down four to firm performance, its weekly performance was 2.62% and monthly performance was 4.67%. The stock price of SPGI is moving up from its 20 days moving average with 4.54% and isolated positively from 50 days moving average with 1.20%.