Reliance Global Group prices $20M private placement

08:04pm, Thursday, 23'rd Dec 2021 Seeking Alpha
On December 21, 2021, Reliance Global Group, Inc., a Florida corporation entered into an Asset Purchase Agreement with Healthcare Insurance Company, LLC and the sole member thereof to purchase the Medicare supplement and related health insurance business of the Seller for a purchase price of $16,638,750 in cash and shares of common stock of the Company worth The post RELIANCE GLOBAL GROUP, INC. FILES (8-K) Disclosing Entry into a Material Definitive Agreement appeared first on InsuranceNewsNet .
LAKEWOOD, NJ, Dec. 23, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines AI and cloud-based technologies with the personalized experie
Reliance Global Group Inc (RELI) shares closed today 11.2% lower than it did at the end of yesterday. The stock is currently down 16.8% year-to-date, down 16.8% over the past 12 months, and down 16.8% over the past five years. Today, the Dow Jones Industrial Average rose 0.7%, and the S&P 500 rose 1.0%. Trading Activity Shares traded as high as $8.25 and as low as $2.48 this week.Shares closed 46.6% below its 52-week high and 164.5% above its 52-week low.Trading volume this week was 489.5% higher than the 10-day average and 1471.7% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price lags the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -485.8% The company's stock price performance over the past 12 months lags the peer average by -349.7% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.
Acquisition Would Expand the Company’s Presence into the Medicare Supplement Insurance Market

What''s Going On With Reliance Global Group Shares Today?

08:32pm, Tuesday, 21'st Dec 2021 Business Insider Markets
Reliance Global Group Inc (NASDAQ: RELI ) is soaring on abnormally-high volume Tuesday as traders highlight the…

38 Stocks Moving In Tuesday''s Mid-Day Session

05:26pm, Tuesday, 21'st Dec 2021 Benzinga
Gainers Reliance Global Group, Inc. (NASDAQ: RELI ) surged 126% to $6.91 after gaining around 6% on Monday. Biofrontera Inc. (NASDAQ: BFRI ) climbed 71.4% to $13.06 after gaining over 7% on Monday. Biofrontera recently announced the first subject has been enrolled in the Phase 2b study to evaluate the safety and efficacy of Ameluz in combination with the red-light lamp BF-RhodoLED for acne. Aridis Pharmaceuticals, Inc. (NASDAQ: ARDS ) jumped 36% to $3.4550 after the company reported pan-coronavirus monoclonal antibody cocktail that retains effectiveness against the omicron variant, other covid-19 variants, SARS, MERS, and the common cold human coronaviruses. Petros Pharmaceuticals, Inc. (NASDAQ: PTPI ) shares climbed 33.8% to $4.55. Evofem Biosciences, Inc. (NASDAQ: EVFM ) rose 24.1% to $0.46. The companys CEO Saundra L Pelletier bought 135,000 shares at an average price of $0.38 per share. Quantum-Si incorporated (NASDAQ: QSI ) gained 23.7% to $7.83. IsoPlexis Corporation (NASDAQ: ISO ) jumped 22.2% to $5.99.
NEW YORK, Dec. 21, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for RELI, SEAC, CCL, PTPI, and QSI. To see how InvestorsObserver''s proprietary scoring system rates these stocks, view the InvestorsObserver''s PriceWatch Alert by selecting the corresponding link.
Reliance Global Group Inc (NASDAQ: RELI) is soaring on abnormally-high volume Tuesday as traders highlight the stock's short squeeze potential. Reliance Global Group's average session volume is ab

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02:34pm, Tuesday, 21'st Dec 2021 PennyStocks
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