What's Going On With Reliance Global Stock After Its Reverse Split?
What's Going On With Reliance Global Stock After Its Reverse Split?
Reliance Global Group, Inc. (NASDAQ:RELI) shares are trading higher Monday. The stock began trading on a 1-for-17 reverse split-adjusted basis at Monday's opening bell.
Reliance Global Group, Inc.（納斯達克：RELI）股票星期一交易較高。該股在週一開盤以1:17的反向拆分後調整基礎交易。
What To Know:
需要了解的內容：
Reliance Global also announced the creation of a new Real Estate division intended to supplement, and not replace, its focus on acquiring accretive and cash flow positive insurance agencies. Reliance said it plans to launch the real estate division following the completed acquisition of Spetner Associates, expected to close in the second half of 2024.
Reliance Global還宣佈了一個新的房地產部門的建立，旨在補充而不是取代其專注於收購增值和現金流積極的保險機構的重點。Reliance表示，計劃在完成對Spetner Associates的收購後展開房地產業務，該收購預計將於2024年下半年完成。
"We are excited to launch a significant initiative—a new division within Reliance dedicated to the acquisition and development of multi-family and commercial real estate properties. We are also pleased to announce that Abe Miller will be joining the Company to head this division and provide strategic guidance on our future real estate endeavors," commented Ezra Beyman, CEO of Reliance.
“我們很高興啓動一項重大舉措——開展Reliance內部的新部門，並致力於收購和開發多居住和商業房地產物業。我們也很高興宣佈，Abe Miller將會加入公司，領導這個部門併爲我們未來的房地產業務提供戰略指導，” Reliance的CEO Ezra Beyman評論道。
Should I Sell My RELI Stock?
我應該賣出我的RELI股票嗎？
Whether to sell or hold a stock largely depends on an investor's strategy and risk tolerance. Swing traders may sell an outperforming stock to lock in a capital gain, while long-term investors might ride out the turbulence in anticipation of further share price growth.
是否賣出或持有某隻股票在很大程度上取決於投資者的策略和風險承受能力。波段交易者可以賣出表現良好的股票以鎖定資本收益，而長期投資者可能會在預期進一步股價增長的情況下忍受波動。
Similarly, traders willing to minimize losses may sell a stock that falls a certain percentage, while long-term investors may see this as an opportunity to buy more shares at a discounted price.
同樣，願意將損失最小化的交易者可能會出售下跌一定百分比的股票，而長期投資者則可能會將其視爲以折扣價買入更多股票的機會。
Shares of Reliance Global Group have lost 95.09% year to date. This compares to the average annual return of -83.95%, meaning the stock has underperformed its historical averages. Investors can compare a stock's movement to its historical performance to gauge whether this is a normal movement or a potential trading opportunity.
Reliance Global Group的股票今年已經下跌了95.09%。相比之下，平均年回報率爲-83.95%，這意味着該股票表現不及其歷史平均水平。投資者可以將一支股票的走勢與其歷史表現進行比較，以判斷這是否是正常波動還是潛在的交易機會。
Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. Reliance Global Group stock currently has an RSI of 37.95, indicating neutral conditions.
投資者還可以考慮市場動態。相對強度指數可以用於指示一支股票是否超買或超賣。Reliance Global Group的股票目前具有中立條件，RSI爲37.95。
For analysis tools, charting data and access to exclusive stock news, check out Benzinga PRO. Try it for free.
欲了解分析工具、圖表數據以及訪問獨家股票新聞，請查看Benzinga PRO。免費試用。
RELI Price Action: According to Benzinga Pro, Reliance Global Group shares are up 10% at $4.23 at the time of publication Monday.
RELI股價走勢：根據Benzinga Pro的數據顯示，在發佈日期的星期一，Reliance Global Group的股票價格上漲10%，至4.23美元。
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Image: Shutterstock
圖片：shutterstock
譯文內容由第三人軟體翻譯。