Are Things Looking Up For Reliance Global Group Inc (NASDAQ: RELI)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NASDAQ and operates within the Insurance Brokers industry segment. The current market capitalization of Reliance Global Group Inc is $4.29M. A total of 0.33 million shares were traded on the day, compared to an average of 1.87M shares.

In the most recent transaction, Blumenfrucht Alex sold 5,236 shares of RELI for 3.69 per share on Dec 23 ’24. After the transaction, the Director now owns 484 company shares. In a previous transaction on Jun 18 ’24, Markovits Joel sold 27,000 shares at 0.70 per share. RELI shares that Chief Financial Officer owns now total 184,338.

Among the insiders who bought shares, Beyman Ezra acquired of 30,000 shares on Jun 26 ’24 at a per-share price of $0.28. This resulted in the Chairman and CEO holding 527,100 shares of RELI after the transaction. In another insider transaction, Beyman Yaakov sold 15,000 shares at $0.78 per share on Jun 18 ’24. Company shares held by the Exec VP, Insurance Division now total 43,783.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, RELI has a high of $18.53 and a low of $1.17.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. RELI’s latest balance sheet shows that the firm has $4.14M in Cash & Short Term Investments as of fiscal 2021. There were $9.43M in debt and $44.98M in liabilities at the time. Its Book Value Per Share was $1.94, while its Total Shareholder’s Equity was -$26.07M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock.

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