Ring Energy Inc (AMEX: REI) on Tuesday, plunged -5.22% from the previous trading day, before settling in for the closing price of $1.34. Within the past 52 weeks, REI’s price has moved between $1.21 and $2.20.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 28.08%. The company achieved an average annual earnings per share of -29.41%. With a float of $138.74 million, this company’s outstanding shares have now reached $198.20 million.
The extent of productivity of a business whose workforce counts for 108 workers is very important to gauge. 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) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Ring Energy Inc is 30.00%, while institutional ownership is 33.06%. The most recent insider transaction that took place on Feb 24 ’25, was worth 8,810,500. Before that another transaction happened on Dec 23 ’24, when Company’s Director sold 16,000 for $1.25, making the entire transaction worth $20,000. This insider now owns 430,262 shares in total.
Ring Energy Inc (REI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -29.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.97% 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 0.66. Likewise, its price to free cash flow for the trailing twelve months is 5.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.57, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.35 in one year’s time.
Technical Analysis of Ring Energy Inc (REI)
The latest stats from [Ring Energy Inc, REI] show that its last 5-days average volume of 1.58 million was inferior to 1.61 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 48.34%. Additionally, its Average True Range was 0.06.
During the past 100 days, Ring Energy Inc’s (REI) raw stochastic average was set at 10.00%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.24% in the past 14 days, which was lower than the 47.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3622, while its 200-day Moving Average is $1.6109. Now, the first resistance to watch is $1.3167. This is followed by the second major resistance level at $1.3633. The third major resistance level sits at $1.3867. If the price goes on to break the first support level at $1.2467, it is likely to go to the next support level at $1.2233. The third support level lies at $1.1767 if the price breaches the second support level.
Ring Energy Inc (AMEX: REI) Key Stats
Market capitalization of the company is 251.71 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.
