Amcor stock falls after Raymond James reiterates Market Perform rating
Ranger Energy Services Inc. (NYSE:RNGR) has reached an all-time high, with its stock price soaring to $18.11. The company, with a market capitalization of nearly $398 million, maintains a healthy financial position with a current ratio of 2.0 and moderate debt levels. This milestone reflects a significant uptrend for the company, which has seen an impressive 1-year change of 77.04% in its stock value. Investors have shown increased confidence in Ranger Energy Services, as the company continues to navigate the energy sector’s dynamic landscape. InvestingPro analysis reveals multiple positive indicators, with 8 additional ProTips available to subscribers. The all-time high represents a culmination of sustained growth over the past year, marking a notable achievement for the company and its stakeholders. According to InvestingPro’s Fair Value analysis, the stock is currently trading near its Fair Value, with analyst targets ranging from $12.50 to $20.00.
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