Currently, Ring Energy Inc [REI] is trading at $0.88, down -1.87%. 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 2.20% over the last week, with a monthly amount drifted -28.92%, 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.
This stock has fluctuated between a low of $0.78 and a high of $2.06 over the last 52 weeks. 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 $0.88 at the most recent close of the market. An investor can expect a potential return of 184.09% based on the average REI price forecast.
Analyzing the REI fundamentals
Trailing Twelve Months sales for Ring Energy Inc [AMEX:REI] were 366.33M which represents -16.51% decline. 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 0.8479 points at the first support level, and at 0.8145 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9169, and for the 2nd resistance point, it is at 0.9525.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ring Energy Inc [AMEX:REI] is 0.48. Further, the Quick Ratio stands at 0.44, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 0.50, the price to book ratio is 0.20 and price to earnings (TTM) ratio is 2.62.
Transactions by insiders
Recent insider trading involved CRUM JOHN A, Director, that happened on Apr 01 ’25 when 50000.0 shares were purchased. CEO and Chairman of the Board, McKinney Paul D. completed a deal on Mar 10 ’25 to buy 0.2 million shares. Meanwhile, 10% Owner Warburg Pincus (E&P) XII LLC sold 6.58 million shares on Feb 24 ’25.
