RGCO Stock Summary and Trading Ideas (RGC Resources | NASDAQ:RGCO)

RGC Resources Inc is involved in the business of distribution and sale of natural gas to residential, commercial, and industrial customers within its service territory in Roanoke, Virginia and its surrounding localities as well as it also provides certain non-regulated services. The company relies on multiple interstate pipelines to transport natural gas. The company operates in three segments: Gas Utility, which is the key revenue generator; Investment in Affiliates this segment reflects the income generated through the activities of the Company's investment in MVP and Southgate projects and Parent & Other include the unregulated activities of the Company as well as certain corporate eliminations.

RGC Resources trades on the NASDAQ stock market under the symbol RGCO.

As of April 24, 2024, RGCO stock price climbed to $20.26 with 10,708 million shares trading.

RGCO has a market cap of $205.91 million. This is considered a Small Cap stock.

Last quarter RGC Resources reported $24 million in Revenue and $.50 earnings per share. This fell short of revenue expectation by $-7 million and exceeded earnings estimates by $.11.

In the last 3 years, RGCO stock traded as high as $26.02 and as low as $15.36.

The top ETF exchange traded funds that RGCO belongs to (by Net Assets): VTI, IWM, VXF, IWN, DES.

RGCO stock has underperformed the market in the last year with a return of -1.2%, while SPY returned +24.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in RGCO shares. However, RGCO has outperformed the market in the last 3 month and 2 week periods, returning +5.1% and +1.6%, while SPY returned +4.6% and -2.7%, respectively. This indicates RGCO has been having a stronger performance recently.

RGCO support price is $19.18 and resistance is $20.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RGCO stock will trade within this expected range on the day.