At the time of writing, Ring Energy Inc [REI] stock is trading at $1.33, up 6.40%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The REI shares have gain 6.40% over the last week, with a monthly amount drifted -11.33%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ring Energy Inc [AMEX: REI] stock has seen the most recent analyst activity on August 01, 2022, when ROTH Capital downgraded its rating to a Neutral and also boosted its price target to $7.50 from $4.90. Previously, ROTH Capital upgraded its rating to Buy on October 14, 2021, and kept the price target unchanged to $4.75. Alliance Global Partners downgraded its rating to a Neutral. Johnson Rice downgraded its rating to a Accumulate. SunTrust downgraded its rating to Hold for this stock on March 09, 2020, but kept the price target unchanged to $1. In a note dated August 26, 2019, Ladenburg Thalmann downgraded an Neutral rating on this stock and revised its target price from $5 to $3.
For the past year, the stock price of Ring Energy Inc fluctuated between $1.21 and $2.20. Ring Energy Inc [AMEX: REI] shares were valued at $1.33 at the most recent close of the market.
Analyzing the REI fundamentals
According to Ring Energy Inc [AMEX:REI], the company’s sales were 382.83M for trailing twelve months, which represents an -4.74% plunge. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at 0.39%, Pretax Profit Margin comes in at 0.36%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.14 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.46.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.2667 points at the first support level, and at 1.2033 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.3767, and for the 2nd resistance point, it is at 1.4233.
Ratios To Look Out For
It is important to note that Ring Energy Inc [AMEX:REI] has a current ratio of 0.54. Further, the Quick Ratio stands at 0.49. Considering the valuation of this stock, the price to sales ratio is 0.68, the price to book ratio is 0.31 and price to earnings (TTM) ratio is 2.35.
Transactions by insiders
Recent insider trading involved Roesener Regina, Director, that happened on Dec 23 ’24 when 16000.0 shares were sold. Board of Directors, Roesener Regina completed a deal on Dec 23 ’24 to buy 16000.0 shares. Meanwhile, 10% Owner Warburg Pincus & Co US, LLC sold 4.4 million shares on Oct 08 ’24.
