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. The company 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 including 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 February 7, 2025, RGCO stock price climbed to $20.87 with 1,866 million shares trading.

RGCO has a market cap of $214.19 million. This is considered a Small Cap stock.

Last quarter RGC Resources reported $13 million in Revenue and $.01 earnings per share. This beat revenue expectation by $104,000 and exceeded earnings estimates by $.02.

In the last 3 years, RGCO traded as high as $24.55 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 has underperformed the market in the last year with a return of +18.7%, while the SPY ETF gained +23.1%. In the last 3 month period, RGCO fell short of the market, returning -10.3%, while SPY returned +2.0%. However, in the most recent 2 weeks RGCO has outperformed the stock market by returning -0.1%, while SPY returned -1.4%.

RGCO support price is $20.04 and resistance is $21.36 (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 shares will trade within this expected range on the day.