Reliance Global Group Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $0.0818
- Today's High:
- $0.0818
- Open Price:
- $0.0818
- 52W Low:
- $0.0352
- 52W High:
- $1.65
- Prev. Close:
- $0.055
- Volume:
- 3
Company Statistics
- Market Cap.:
- $39.24 million
- Book Value:
- Revenue TTM:
- $7.07 million
- Operating Margin TTM:
- -59.77%
- Gross Profit TTM:
- $0
- Profit Margin:
- -72.32%
- Return on Assets TTM:
- 0%
- Return on Equity TTM:
- -4442.06%
Company Profile
Reliance Global Group Inc had its IPO on 2021-02-09 under the ticker symbol RELIW.
The company operates in the sector and industry. Reliance Global Group Inc has a staff strength of 43 employees.
Stock update
Shares of Reliance Global Group Inc opened at $0.08 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $0.08 - $0.08, and closed at $0.08.
This is a +48.73% increase from the previous day's closing price.
A total volume of 3 shares were traded at the close of the day’s session.
In the last one week, shares of Reliance Global Group Inc have increased by +48.73%.
Reliance Global Group Inc's Key Ratios
Reliance Global Group Inc has a market cap of $39.24 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.
In the last 12-months Reliance Global Group Inc’s revenue was $7.07 million with a gross profit of $0 and an EBITDA of $-2903701. The EBITDA ratio measures Reliance Global Group Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Reliance Global Group Inc’s operating margin was -59.77% while its return on assets stood at 0% with a return of equity of -4442.06%.
In Q2, Reliance Global Group Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 26.6%.
Reliance Global Group Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $0 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Reliance Global Group Inc’s profitability.
Reliance Global Group Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.
Reliance Global Group Inc stock pays annual dividends of $ per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $34.88 million
- Total Liabilities
- $4.86 million
- Operating Cash Flow
- $340297.00
- Capital Expenditure
- $84283
- Dividend Payout Ratio
- 0%
Reliance Global Group Inc ended 2024 with $34.88 million in total assets and $0 in total liabilities. Its intangible assets were valued at $34.88 million while shareholder equity stood at $13.03 million.
Reliance Global Group Inc ended 2024 with $0 in deferred long-term liabilities, $4.86 million in other current liabilities, 176546.00 in common stock, $-29835808.00 in retained earnings and $14.29 million in goodwill. Its cash balance stood at $1.27 million and cash and short-term investments were $1.27 million. The company’s total short-term debt was $2,572,225 while long-term debt stood at $12.35 million.
Reliance Global Group Inc’s total current assets stands at $7.13 million while long-term investments were $900000.00 and short-term investments were $0. Its net receivables were $3.90 million compared to accounts payable of $911247.00 and inventory worth $1.41 million.
In 2024, Reliance Global Group Inc's operating cash flow was $340297.00 while its capital expenditure stood at $84283.
Comparatively, Reliance Global Group Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $0.08
- 52-Week High
- $1.65
- 52-Week Low
- $0.0352
- Analyst Target Price
- $
Reliance Global Group Inc stock is currently trading at $0.08 per share. It touched a 52-week high of $1.65 and a 52-week low of $1.65. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $0.11 and 200-day moving average was $0.15 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 0% of the company’s stock are held by insiders while 0% are held by institutions.
Frequently Asked Questions About Reliance Global Group Inc
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About
Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides healthcare and Medicare, personal and commercial, trucking and transportation, and employee benefits insurance products. The company was formerly known as Ethos Media Network, Inc. and changed its name to Reliance Global Group, Inc. in October 2018. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey.