Reliance Global Group Stock Today

Reliance Global is selling for under 0.0493 as of the 21st of November 2024; that is 1.2 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.0315. Equity ratings for Reliance Global Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
9th of February 2021
Category
Financial Services
Classification
Financials
Valuation Profit Patterns
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Reliance Stock Highlights

Thematic IdeaInsurance (View all Themes)
Business ConcentrationInsurance Brokers, Financial Services, Insurance, Financials, Insurance, Materials, Materials (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.630.5966
Notably Up
Slightly volatile
Total Current LiabilitiesM3.2 M
Notably Down
Slightly volatile
Non Current Liabilities Total7.3 M12.7 M
Way Down
Slightly volatile
Total Assets13.3 M23 M
Way Down
Slightly volatile
Total Current Assets4.6 M4.4 M
Sufficiently Up
Slightly volatile
Reliance Global can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Reliance Global's financial leverage. It provides some insight into what part of Reliance Global's total assets is financed by creditors.
Liquidity
Reliance Global Group has accumulated 14.54 M in total debt. Reliance Global Group has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Reliance Global's use of debt, we should always consider it together with its cash and equity.

Change To Account Receivables

(268,174)
Reliance Global Group (RELIW) is traded on NASDAQ Exchange in USA. It is located in 300 Boulevard of the Americas, Lakewood, NJ, United States, 08701 and employs 67 people. Reliance Global is listed under Insurance Brokers category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 39.24 M. Reliance Global Group classifies itself under Insurance sector and is part of Financials industry. Reliance Global Group has accumulated about 13.28 K in cash with (847.97 K) of positive cash flow from operations.
Check Reliance Global Probability Of Bankruptcy

Reliance Global Historical Income Statement

At this time, Reliance Global's Total Revenue is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 29 M in 2024, whereas Interest Expense is likely to drop slightly above 1.6 M in 2024. View More Fundamentals

Reliance Stock Against Markets

Reliance Global Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Reliance Global stock to make a market-neutral strategy. Peer analysis of Reliance Global could also be used in its relative valuation, which is a method of valuing Reliance Global by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Reliance Global Corporate Management

Grant BarraSenior OperationsProfile
Brandon JohnsonProperty LinesProfile
Alex CPACFO DirectorProfile
Mark SissonChief AllianceProfile
Joel CPAChief OfficerProfile
Yaakov BeymanExecutive DivisionProfile
Jonathan FortmanVice AcquisitionsProfile

Additional Tools for Reliance Stock Analysis

When running Reliance Global's price analysis, check to measure Reliance Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Global is operating at the current time. Most of Reliance Global's value examination focuses on studying past and present price action to predict the probability of Reliance Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Global's price. Additionally, you may evaluate how the addition of Reliance Global to your portfolios can decrease your overall portfolio volatility.