Ring Energy Inc [REI] stock is trading at $1.13, down -2.59%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The REI shares have gain 0.89% over the last week, with a monthly amount drifted -16.30%, 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.
Ring Energy Inc [REI] stock has fluctuated between $1.05 and $2.20 over the past year. Currently, Wall Street analysts expect the stock to reach $2.5 within the next 12 months. Ring Energy Inc [AMEX: REI] shares were valued at $1.13 at the most recent close of the market. An investor can expect a potential return of 121.24% based on the average REI price forecast.
Analyzing the REI fundamentals
Ring Energy Inc [AMEX:REI] reported sales of 366.33M for the trailing twelve months, which represents a drop of -16.51%. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.36%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.45.
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 1.1067 points at the first support level, and at 1.0833 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1667, and for the 2nd resistance point, it is at 1.2033.
Ratios To Look Out For
For context, Ring Energy Inc’s Current Ratio is 0.48. As well, the Quick Ratio is 0.44, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 0.62, the price to book ratio is 0.26 and price to earnings (TTM) ratio is 3.36.
Transactions by insiders
Recent insider trading involved McKinney Paul D., CEO and Chairman of the Board, that happened on Mar 10 ’25 when 0.2 million shares were purchased. 10% Owner, Warburg Pincus (E&P) XII LLC completed a deal on Feb 24 ’25 to sell 6.58 million shares. Meanwhile, 10% Owner Warburg Pincus & Co US, LLC sold 6.58 million shares on Feb 24 ’25.
