Ring Energy Inc (AMEX: REI) on Friday, plunged -0.79% from the previous trading day, before settling in for the closing price of $1.26. Within the past 52 weeks, REI’s price has moved between $1.21 and $2.20.
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Energy Sector giant saw their annual sales surged by 35.06% over the last five years. The company achieved an average annual earnings per share of -25.98%. With a float of $141.35 million, this company’s outstanding shares have now reached $198.20 million.
The firm has a total of 108 workers. Let’s measure their productivity. In terms of profitability, gross margin is 75.64%, operating margin of 39.23%, and the pretax margin is 36.36%.
Ring Energy Inc (REI) Breakdown of a Key Holders of the stock
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Ring Energy Inc is 28.68%, while institutional ownership is 31.74%. The most recent insider transaction that took place on Dec 23 ’24, was worth 15,999. Before that another transaction happened on Oct 08 ’24, when Company’s 10% Owner sold 4,400,000 for $1.62, making the entire transaction worth $7,128,000. This insider now owns 35,520,643 shares in total.
Ring Energy Inc (REI) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -25.98% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 37.00% during the next five years compared to 29.41% growth over the previous five years of trading.
Ring Energy Inc (AMEX: REI) Trading Performance Indicators
Ring Energy Inc (REI) is currently performing well based on its current performance indicators. A quick ratio of 0.49 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.64. Likewise, its price to free cash flow for the trailing twelve months is 5.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.57, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.41 in one year’s time.
Technical Analysis of Ring Energy Inc (REI)
Analysing the last 5-days average volume posted by the [Ring Energy Inc, REI], we can find that recorded value of 2.19 million was better than the volume posted last year of 1.8 million. As of the previous 9 days, the stock’s Stochastic %D was 26.40%. Additionally, its Average True Range was 0.06.
During the past 100 days, Ring Energy Inc’s (REI) raw stochastic average was set at 5.48%, which indicates a significant decrease from 14.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.77% in the past 14 days, which was lower than the 50.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4680, while its 200-day Moving Average is $1.7222. Now, the first resistance to watch is $1.2767. This is followed by the second major resistance level at $1.3033. The third major resistance level sits at $1.3267. If the price goes on to break the first support level at $1.2267, it is likely to go to the next support level at $1.2033. Now, if the price goes above the second support level, the third support stands at $1.1767.
Ring Energy Inc (AMEX: REI) Key Stats
Market capitalization of the company is 245.78 million based on 198,196K outstanding shares. Right now, sales total 361,060 K and income totals 104,860 K. The company made 89,240 K in profit during its latest quarter, and 33,880 K in sales during its previous quarter.
