Robert Half Inc (NYSE:RHI) shares, rose in value on Friday, January 03, with the stock price up by 2.10% to the previous day’s close as strong demand from buyers drove the stock to $69.95.
Actively observing the price movement in the last trading, the stock closed the session at $68.51, falling within a range of $68.65 and $69.99. The value of beta (5-year monthly) was 1.224 whereas the PE ratio was 25.52 over 12-month period. Referring to stock’s 52-week performance, its high was $85.56, and the low was $57.05. On the whole, RHI has fluctuated by -4.65% over the past month.
With the market capitalization of Robert Half Inc currently standing at about $7.22 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 2.12, with its dividend yield at 3.03%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RHI’s technical picture suggests that short-term indicators denote the stock is a 25% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.06, with the price of RHI currently trading nearly -3.66% and -3.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.46, while the 7-day volatility ratio is showing 2.43% which for the 30-day chart, stands at 2.22%. Furthermore, Robert Half Inc (RHI)’s beta value is 1.23, and its average true range (ATR) is 1.67.
A comparison of Robert Half Inc (RHI) with its peers suggests the former has fared considerably weaker in the market. RHI showed an intraday change of 2.10% in last session, and over the past year, it shrunk by -16.67%%.
Data on historical trading for Robert Half Inc (NYSE:RHI) indicates that the trading volumes over the past 10 days have averaged 0.73 and over the past 3 months, they’ve averaged 944.83K. According to company’s latest data on outstanding shares, there are 103.25 million shares outstanding.
Nearly 3.04% of Robert Half Inc’s shares belong to company insiders and institutional investors own 96.23% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7.37 million shares as on 2024-12-13, resulting in a short ratio of 8.62. According to the data, the short interest in Robert Half Inc (RHI) stood at 1199.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 6.73 million. The stock has fallen by -0.72% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RHI stock heading into the next quarter.
