Pre-Market Most Active: RELI Reliance Global Group, Inc. (NASDAQ) at $0.29, heavy volume
RELI stock is trading in the pre-market on NASDAQ at $0.29, seeing outsized activity ahead of the March earnings window. Volume has spiked to 248,368,500 shares versus an average of 1,535,240, pushing relative volume to 161.78 and making RELI one of the most active tickers. Investors are reacting to the company’s Feb. 23 acquisition of Enquantum and the run-up in retail trading. We break down what the move means for valuation, technicals, and short-term trading ahead of the next earnings report.
RELI stock pre-market action
RELI stock opened pre-market at $0.31 and is quoting $0.29 after a one-day gain of 8.31%. The stock’s day range is $0.25–$0.43 and the 52-week range is $0.15–$3.55, highlighting extreme price swings and high volatility.
Catalyst: Enquantum acquisition and RELI news
Reliance Global Group, Inc. (NASDAQ: EZRA) announced completion of its acquisition of Enquantum Ltd., a post-quantum cryptography platform, which traders cite as the primary news catalyst. Coverage from major outlets flagged the deal Business Insider and reaction tracks with the surge reported by Investing.com.
Financials snapshot and RELI analysis
On fundamentals, RELI shows EPS $0.11 and a trailing P/E of 2.64 with market cap $1,264,657.00. Key ratios show low price-to-sales 0.10 and price-to-book 0.25, but trailing margins and free cash flow are negative, reflecting mixed operating results and leverage in development-stage ventures.
Technical read and most active trading metrics
Relative Strength Index is 34.96, MACD is negative and volatility measures show ATR 0.07 with Bollinger Bands 0.19–0.72, implying price pressure lower but large intraday moves possible. The stock is among the most active pre-market due to 248,368,500 traded shares today versus 1,535,240 average volume, a clear outlier in liquidity and a signal for short-term momentum traders.
Analyst view and Meyka stock grade
Meyka AI rates RELI with a score out of 100: 68.24 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. Third-party company ratings also show a C grade with mixed DCF and ROE scores, so consensus remains cautious while acknowledging growth initiatives.
Price targets and RELI forecast
Short-term price targets to consider: conservative $0.50 (implied +71.95%), base $1.00 (implied +243.86%), and upside $3.00 (implied +931.85%) from the current $0.29 price. Note the company’s next earnings announcement is set for 2026-03-04, a date that could re-test these levels or widen the trading range.
Final Thoughts
RELI stock is a high-volatility, high-volume pre-market mover driven by the Enquantum acquisition and heavy retail trading. The company trades at $0.29 on NASDAQ in USD with a tiny market cap of $1,264,657.00 and extremely elevated trading volume today. Fundamentals paint a mixed picture: low valuation multiples such as P/S 0.10 and P/B 0.25 contrast with negative operating cash flow per share -$0.40 and stretched technicals. Meyka AI’s forecast model projects a yearly figure of $171.28, which implies an extreme upside of 58,849.00% versus the current price; forecasts are model-based projections and not guarantees. For traders, the most active status suggests scalps and defined risk trades around the day range $0.25–$0.43. For investors, the priority is waiting for the March 2026-03-04 earnings update and progress on Enquantum milestones before increasing exposure. Use tight position sizing, monitor volume and catalyst updates, and treat price targets as scenario-based guides rather than certainties. Meyka AI provides this as AI-powered market analysis, not investment advice.
FAQs
What is driving RELI stock volume today?
Volume surged after Reliance closed its acquisition of Enquantum, a post-quantum cryptography firm. News coverage and retail interest pushed volume to 248,368,500 shares, far above the 1,535,240 average, making RELI one of the most active pre-market names.
What are the near-term catalysts for RELI stock?
Key near-term catalysts are the March 2026-03-04 earnings announcement and milestone progress on the Enquantum integration. Both items can materially affect valuation, trading range, and short-term investor sentiment.
How does Meyka view RELI stock?
Meyka AI rates RELI with a score out of 100: 68.24 | Grade: B | Suggestion: HOLD. The grade factors in benchmark and sector comparisons, financial growth, key metrics, and analyst signals. This is informational only and not financial advice.
What price targets should traders consider for RELI stock?
Traders may consider scenario targets: conservative $0.50, base $1.00, and bull $3.00, with implied upside of 71.95%, 243.86%, and 931.85% respectively from $0.29. Targets are illustrative, not guaranteed.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.