As on Wednesday, Ring Energy Inc (AMEX: REI) started slowly as it slid -2.67% to $1.46, before settling in for the price of $1.50 at the close. Taking a more long-term approach, REI posted a 52-week range of $1.25-$2.20.
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The Energy Sector giants’ yearly sales growth during the last 5-year period was 35.06%. Meanwhile, its Annual Earning per share during the time was 29.41%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -25.98%. This publicly-traded company’s shares outstanding now amounts to $198.20 million, simultaneously with a float of $141.43 million. The organization now has a market capitalization sitting at $289.36 million. At the time of writing, stock’s 50-day Moving Average stood at $1.5690, while the 200-day Moving Average is $1.7332.
Ring Energy Inc (REI) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas E&P industry. Ring Energy Inc’s current insider ownership accounts for 28.64%, in contrast to 31.66% institutional ownership. According to the most recent insider trade that took place on Oct 08 ’24, this organization’s 10% Owner sold 4,400,000 shares at the rate of 1.62, making the entire transaction reach 7,128,000 in total value, affecting insider ownership by 35,520,643. Preceding that transaction, on Oct 08 ’24, Company’s 10% Owner sold 4,400,000 for 1.62, making the whole transaction’s value amount to 7,128,000. This particular insider is now the holder of 35,520,643 in total.
Ring Energy Inc (REI) Earnings and Revenue Records
Ring Energy Inc’s EPS decrease for this current 12-month fiscal period is -25.98% and is forecasted to reach 0.41 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 37.00% through the next 5 years, which can be compared against the 29.41% growth it accomplished over the previous five years trading on the market.
Ring Energy Inc (AMEX: REI) Trading Performance Indicators
Let’s observe the current performance indicators for Ring Energy Inc (REI). It’s Quick Ratio in the last reported quarter now stands at 0.49. The Stock has managed to achieve an average true range (ATR) of 0.07. Alongside those numbers, its PE Ratio stands at $2.58, and its Beta score is 1.57. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.76. Similarly, its price to free cash flow for trailing twelve months is now 6.61.
In the same vein, REI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.57, a figure that is expected to reach 0.08 in the next quarter, and analysts are predicting that it will be 0.41 at the market close of one year from today.
Technical Analysis of Ring Energy Inc (REI)
Through scrutinizing the latest numbers posted by the [Ring Energy Inc, REI], it can be observed that its last 5-days Average volume of 1.2 million was lower the volume of 1.78 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 23.08% While, its Average True Range was 0.0624.
Raw Stochastic average of Ring Energy Inc (REI) in the period of the previous 100 days is set at 3.25%, which indicates a major rise in contrast to 0.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 33.64% that was lower than 52.66% volatility it exhibited in the past 100-days period.
