Evaluating the Ups and Downs of Reliance Global Group Inc’s (RELI) Stock

The stock of Reliance Global Group Inc (RELI) has seen a 4.71% increase in the past week, with a -33.81% drop in the past month, and a -30.70% decrease in the past quarter. The volatility ratio for the week is 11.01%, and the volatility levels for the past 30 days are at 14.32% for RELI. The simple moving average for the last 20 days is -1.55% for RELI stock, with a simple moving average of -79.23% for the last 200 days.

Is It Worth Investing in Reliance Global Group Inc (NASDAQ: RELI) Right Now?

The 36-month beta value for RELI is also noteworthy at 0.35. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for RELI is 3.87M, and at present, short sellers hold a 1.19% of that float. The average trading volume of RELI on April 04, 2024 was 153.25K shares.

RELI) stock’s latest price update

The stock price of Reliance Global Group Inc (NASDAQ: RELI) has surged by 3.64 when compared to previous closing price of 0.36, but the company has seen a 4.71% gain in its stock price over the last five trading sessions. GlobeNewsWire reported 2024-04-03 that Lakewood, NJ, April 03, 2024 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), announced today that it will host a conference call Thursday, April 4, 2024, at 1:00 PM Eastern Time to discuss financial results for the fourth quarter of 2023 and provide a business update.

RELI Trading at -14.97% from the 50-Day Moving Average

After a stumble in the market that brought RELI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.88% of loss for the given period.

Volatility was left at 14.32%, however, over the last 30 days, the volatility rate increased by 11.01%, as shares sank -26.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.74% lower at present.

During the last 5 trading sessions, RELI rose by +4.73%, which changed the moving average for the period of 200-days by -91.87% in comparison to the 20-day moving average, which settled at $0.3690. In addition, Reliance Global Group Inc saw -31.10% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for RELI

Current profitability levels for the company are sitting at:

  • 0.83 for the present operating margin
  • 0.25 for the gross margin

The net margin for Reliance Global Group Inc stands at 0.13. The total capital return value is set at 0.43. Equity return is now at value -97.17, with -47.19 for asset returns.

Based on Reliance Global Group Inc (RELI), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at -0.07. The debt to equity ratio resting at 1.04. The interest coverage ratio of the stock is -0.64.

Currently, EBITDA for the company is -19.22 million with net debt to EBITDA at 1.2. When we switch over and look at the enterprise to sales, we see a ratio of 0.99. The receivables turnover for the company is 12.01for trailing twelve months and the total asset turnover is 0.46.


In summary, Reliance Global Group Inc (RELI) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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