In a filing, Range Resources Corp revealed its EVP & CFO Scucchi Mark unloaded Company’s shares for reported $2.41 million on Mar 20 ’25. In the deal valued at $40.15 per share,59,994 shares were sold. As a result of this transaction, Scucchi Mark now holds 690,094 shares worth roughly $22.97 million.
Then, Scucchi Mark sold 45,142 shares, generating $1,817,868 in total proceeds. Upon selling the shares at $40.27, the EVP & CFO now owns 0 shares.
Before that, Mark Scucchi bought 59,994 shares. Range Resources Corp shares valued at $2,408,491 were divested by the Officer at a price of $40.15 per share.
ROTH MKM upgraded its Range Resources Corp [RRC] rating to a Buy from a a Neutral in a research note published on April 08, 2025; the price target was increased to $42 from $41. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in late March from “an Underweight” to “an Equal-weight”. JP Morgan also remained covering RRC and has increased its forecast on March 13, 2025 with a “Neutral” recommendation from previously “an Underweight” rating. Scotiabank revised its rating on January 17, 2025. It rated RRC as “a Sector perform” which previously was an “a Sector outperform”.
Price Performance Review of RRC
On Tuesday, Range Resources Corp [NYSE:RRC] saw its stock jump 2.05% to $33.29. Over the last five days, the stock has lost -0.51%. Range Resources Corp shares have fallen nearly -7.48% since the year began. Nevertheless, the stocks have fallen -4.28% over the past one year. While a 52-week high of $41.95 was reached on 01/22/25, a 52-week low of $27.29 was recorded on 04/09/25. SMA at 50 days reached $37.34, while 200 days put it at $34.11.
Levels Of Support And Resistance For RRC Stock
The 24-hour chart illustrates a support level at 32.83, which if violated will result in even more drops to 32.36. On the upside, there is a resistance level at 33.77. A further resistance level may holdings at 34.24. The Relative Strength Index (RSI) on the 14-day chart is 40.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.01%. Stochastics %K at 28.68% indicates the stock is a holding.
How much short interest is there in Range Resources Corp?
A steep rise in short interest was recorded in Range Resources Corp stocks on 2025-03-31, dropping by 1624.0 shares to a total of 13.03 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 13.04 million shares. There was a decline of -0.01%, which implies that there is a negative sentiment for the stock.
