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Reliance Global Group NasdaqCM:RELI Stock Report

Last Price

US$0.28

Market Cap

US$2.1m

7D

1.8%

1Y

-90.6%

Updated

25 Apr, 2024

Data

Company Financials

Reliance Global Group, Inc.

NasdaqCM:RELI Stock Report

Market Cap: US$2.1m

RELI Stock Overview

Reliance Global Group, Inc. focuses in the acquisition and management of wholesale and retail insurance agencies in the United States.

RELI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Reliance Global Group, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Reliance Global Group
Historical stock prices
Current Share PriceUS$0.28
52 Week HighUS$5.20
52 Week LowUS$0.25
Beta0.36
1 Month Change-20.76%
3 Month Change-43.20%
1 Year Change-90.64%
3 Year Change-99.45%
5 Year Change-99.86%
Change since IPO-99.98%

Recent News & Updates

It's Down 43% But Reliance Global Group, Inc. (NASDAQ:RELI) Could Be Riskier Than It Looks

Dec 21
It's Down 43% But Reliance Global Group, Inc. (NASDAQ:RELI) Could Be Riskier Than It Looks

Recent updates

It's Down 43% But Reliance Global Group, Inc. (NASDAQ:RELI) Could Be Riskier Than It Looks

Dec 21
It's Down 43% But Reliance Global Group, Inc. (NASDAQ:RELI) Could Be Riskier Than It Looks

Further Upside For Reliance Global Group, Inc. (NASDAQ:RELI) Shares Could Introduce Price Risks After 51% Bounce

Apr 19
Further Upside For Reliance Global Group, Inc. (NASDAQ:RELI) Shares Could Introduce Price Risks After 51% Bounce

Reliance Global Group jumps 8% on $3M buyback

Sep 23

Reliance Global Group sees Q2 revenue to get doubled

Aug 02

Reliance Global Group Looks Overvalued Based On Fundamentals

Jan 10

Introducing Reliance Global Group (NASDAQ:RELI), The Stock That Soared 936% In The Last Three Years

Mar 03
Introducing Reliance Global Group (NASDAQ:RELI), The Stock That Soared 936% In The Last Three Years

Shareholder Returns

RELIUS InsuranceUS Market
7D1.8%1.4%1.0%
1Y-90.6%25.1%21.9%

Return vs Industry: RELI underperformed the US Insurance industry which returned 27.9% over the past year.

Return vs Market: RELI underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is RELI's price volatile compared to industry and market?
RELI volatility
RELI Average Weekly Movement18.8%
Insurance Industry Average Movement4.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: RELI's share price has been volatile over the past 3 months.

Volatility Over Time: RELI's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201367Ezra Beymanwww.relianceglobalgroup.com

Reliance Global Group, Inc. focuses in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides agency services for insurance products in the healthcare and Medicare, personal and commercial, trucking, property and casualty, and insurance brokerage. The company was formerly known as Ethos Media Network, Inc. and changed its name to Reliance Global Group, Inc. in October 2018.

Reliance Global Group, Inc. Fundamentals Summary

How do Reliance Global Group's earnings and revenue compare to its market cap?
RELI fundamental statistics
Market capUS$2.09m
Earnings (TTM)-US$12.57m
Revenue (TTM)US$13.73m

0.2x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RELI income statement (TTM)
RevenueUS$13.73m
Cost of RevenueUS$11.24m
Gross ProfitUS$2.50m
Other ExpensesUS$15.06m
Earnings-US$12.57m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.68
Gross Margin18.18%
Net Profit Margin-91.50%
Debt/Equity Ratio193.4%

How did RELI perform over the long term?

See historical performance and comparison
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