RELI Should I Buy
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$
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0.000(0.000%)
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Reliance Global Group Inc (RELI) is not a good buy for a beginner investor with a long-term strategy at this time. The stock shows weak technical indicators, insider selling, and poor financial performance, which outweigh the potential positive catalysts from its strategic rebranding and acquisitions.
The technical indicators are bearish. The MACD is negative and expanding, RSI is neutral at 29.51, and moving averages are bearish (SMA_200 > SMA_20 > SMA_5). The stock is trading below key support levels, with a pre-market price of 0.4148, below S1 (0.422).
The company is rebranding to EZRA and shifting its focus towards high-growth sectors like cybersecurity, artificial intelligence, and data analytics. It plans to acquire a majority stake in AI diagnostics firm Scentech, which could create new revenue streams.
Insiders are selling heavily, with a 1218.13% increase in selling activity over the last month. Financial performance in Q3 2025 was poor, with a significant YoY revenue decline (-27.47%) and a drastic drop in EPS (-70.15%). Gross margin also fell by 22.75%.
In Q3 2025, revenue dropped to $2,495,975 (-27.47% YoY), net income improved to -$1,156,583 (up 38.13% YoY), EPS dropped to -0.2 (-70.15% YoY), and gross margin declined to 47.53% (-22.75% YoY). Overall, the financials indicate weak growth trends.
No analyst rating or price target data available.
