Reliance Global Group Inc logo

Reliance Global Group Inc

1
NAS:RELI (USA)  
$ 0.36 +0.0228 (+6.81%) 12:50 PM EST
At Loss
P/B:
0.06
Enterprise V:
$ 14.22M
Volume:
31.15K
Avg Vol (2M):
200.03K
Volume:
31.15K
At Loss
Avg Vol (2M):
200.03K

Business Description

Description
Reliance Global Group Inc operates as a holding company with diversified interests in the insurance market, as well as other related sectors. The company focuses on growing by pursuing an acquisition strategy, initially and primarily focused on wholesale and retail insurance agencies. Its primary strategy is to identify specific risks to reward arbitrage opportunities and develop these on a national platform, thereby increasing revenues and returns, and then identify and acquire undervalued wholesale and retail insurance agencies with operations in growing or underserved segments, expand and optimize their operations, and achieve asset value appreciation while generating interim cash flows. It generates revenue in the form of commissions.
Name Current Vs Industry Vs History
Cash-To-Debt 0.12
Equity-to-Asset 0.44
Debt-to-Equity 1.04
Debt-to-EBITDA -0.41
Piotroski F-Score 4/9
0
1
2
3
4
5
6
7
8
9
Altman Z-Score -2.75
Distress
Grey
Safe
Beneish M-Score -3.51
Manipulator
Not Manipulator
WACC vs ROIC
WACC
ROIC
Name Current Vs Industry Vs History
5-Day RSI 29.31
9-Day RSI 33.82
14-Day RSI 36.46
6-1 Month Momentum % -78.86
12-1 Month Momentum % -81.78

Liquidity Ratio

Name Current Vs Industry Vs History
Current Ratio 1.2
Quick Ratio 1.2
Cash Ratio 0.46
Days Sales Outstanding 20.72
Days Payable 30.81

Dividend & Buy Back

Name Current Vs Industry Vs History
3-Year Average Share Buyback Ratio 33.3
Shareholder Yield % -379.87