Reliance RS
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Reliance (RS) Business Model and Operations Summary
Reliance Inc is a diversified metal solutions provider and metals service center company. It provides value-added metals processing services and distributes.
Key Insights
Reliance (RS) Core Market Data and Business Metrics
Latest Closing Price
$293.9Market Cap
$14.77 BillionPrice-Earnings Ratio
18.89Total Outstanding Shares
52.97 Million SharesTotal Employees
16,200Dividend
$1.20 Per Share QuarterlyIPO Date
September 22, 1994SIC Description
Wholesale-metals Service Centers & OfficesPrimary Exchange
New York Stock ExchangeHeadquarters
16100 N. 71st Street, Suite 400, Scottsdale, AZ, 85254
Historical Stock Splits
If you bought 1 share of RS before July 20, 2006, you'd have 2 shares today.
| Execution Date | Split Amount |
|---|---|
| July 20, 2006 | 2-for-1 |
Short Interest
Short Interest
This information is bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Average Daily Volume: The average number of shares traded per day over the specified period.
Days to Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Short Interest | Bi-Weekly Change (%) | Settlement Date | Days to Cover |
|---|---|---|---|
| 1,383,689 Shares | +8.66% | 3/14/2025 | 3.39 |
| 1,273,373 Shares | -8.35% | 2/28/2025 | 2.51 |
| 1,389,420 Shares | -4.95% | 2/14/2025 | 3.78 |
| 1,461,717 Shares | +5.33% | 1/31/2025 | 3.62 |
| 1,387,742 Shares | +15.71% | 1/15/2025 | 3.03 |
| 1,199,303 Shares | +6.16% | 12/31/2024 | 1.7 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities, Continuing | $-1.38 Billion |
| Net Cash Flow, Continuing | $-750.30 Million |
| Net Cash Flow From Investing Activities, Continuing | $-803.70 Million |
| Net Cash Flow From Operating Activities | $1.43 Billion |
| Net Cash Flow From Operating Activities, Continuing | $1.43 Billion |
| Net Cash Flow From Investing Activities | $-803.70 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Diluted Earnings Per Share | $15.56 |
| Costs And Expenses | $12.68 Billion |
| Other Operating Expenses | $10.01 Billion |
| Income Tax Expense/Benefit, Deferred | $36.40 Million |
| Basic Average Shares | $55.75 Million |
| Operating Expenses | $12.68 Billion |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $836.70 Million |
| Other Comprehensive Income/Loss | $-38.50 Million |
| Comprehensive Income/Loss | $839.50 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $2.80 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Accounts Payable | $361.90 Million |
| Liabilities | $2.79 Billion |
| Noncurrent Liabilities | $1.58 Billion |
| Equity | $7.23 Billion |
| Equity Attributable To Parent | $7.22 Billion |
| Noncurrent Assets | $6.13 Billion |
Historical Dividends
Current dividend: $1.20 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 18, 2025 | Mar 21, 2025 | Mar 7, 2025 | $1.2 | Quarterly |
| Oct 22, 2024 | Dec 6, 2024 | Nov 22, 2024 | $1.1 | Quarterly |
| Jul 23, 2024 | Aug 30, 2024 | Aug 16, 2024 | $1.1 | Quarterly |
| Apr 23, 2024 | Jun 7, 2024 | May 24, 2024 | $1.1 | Quarterly |
| Feb 13, 2024 | Mar 22, 2024 | Mar 8, 2024 | $1.1 | Quarterly |
| Oct 24, 2023 | Dec 1, 2023 | Nov 17, 2023 | $1 | Quarterly |