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.（纳斯达克：RELI）股票星期一交易较高。该股在周一开盘以1:17的反向拆分后调整基础交易。
What To Know:
需要了解的内容：
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还宣布了一个新的房地产部门的建立，旨在补充而不是取代其专注于收购增值和现金流积极的保险机构的重点。Reliance表示，计划在完成对Spetner Associates的收购后展开房地产业务，该收购预计将于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.
“我们很高兴启动一项重大举措——开展Reliance内部的新部门，并致力于收购和开发多居住和商业房地产物业。我们也很高兴宣布，Abe Miller将会加入公司，领导这个部门并为我们未来的房地产业务提供战略指导，” Reliance的CEO Ezra Beyman评论道。
Should I Sell My RELI Stock?
我应该卖出我的RELI股票吗？
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.
是否卖出或持有某只股票在很大程度上取决于投资者的策略和风险承受能力。波段交易者可以卖出表现良好的股票以锁定资本收益，而长期投资者可能会在预期进一步股价增长的情况下忍受波动。
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.
同样，愿意将损失最小化的交易者可能会出售下跌一定百分比的股票，而长期投资者则可能会将其视为以折扣价买入更多股票的机会。
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的股票今年已经下跌了95.09%。相比之下，平均年回报率为-83.95%，这意味着该股票表现不及其历史平均水平。投资者可以将一支股票的走势与其历史表现进行比较，以判断这是否是正常波动还是潜在的交易机会。
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.
投资者还可以考虑市场动态。相对强度指数可以用于指示一支股票是否超买或超卖。Reliance Global Group的股票目前具有中立条件，RSI为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、图表数据以及访问独家股票新闻，请查看Benzinga PRO。免费试用。
RELI Price Action: According to Benzinga Pro, Reliance Global Group shares are up 10% at $4.23 at the time of publication Monday.
RELI股价走势：根据Benzinga Pro的数据显示，在发布日期的星期一，Reliance Global Group的股票价格上涨10%，至4.23美元。
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Image: Shutterstock
图片：shutterstock