On Friday, Ring Energy Inc (AMEX: REI) opened lower -3.33% from the last session, before settling in for the closing price of $1.20. Price fluctuations for REI have ranged from $1.05 to $2.20 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 22.75%. Company’s average yearly earnings per share was noted -3.57% at the time writing. With a float of $146.40 million, this company’s outstanding shares have now reached $198.56 million.
Considering the fact that the conglomerate employs 115 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 69.41%, operating margin of 36.28%, and the pretax margin is 24.0%.
Ring Energy Inc (REI) Insider Activity
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Ring Energy Inc is 26.78%, while institutional ownership is 32.76%. The most recent insider transaction that took place on Mar 10 ’25, was worth 215,200. In this transaction CEO and Chairman of the Board of this company bought 200,000 shares at a rate of $1.08, taking the stock ownership to the 2,966,054 shares. Before that another transaction happened on Feb 24 ’25, when Company’s 10% Owner sold 6,575,000 for $1.23, making the entire transaction worth $8,087,250. This insider now owns 28,945,643 shares in total.
Ring Energy Inc (REI) Earnings and Forecasts
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 -3.57% per share during the next fiscal year.
Ring Energy Inc (AMEX: REI) Trading Performance Indicators
Check out the current performance indicators for Ring Energy Inc (REI). In the past quarter, the stock posted a quick ratio of 0.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.63. Likewise, its price to free cash flow for the trailing twelve months is 6.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.34, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.43 in one year’s time.
Technical Analysis of Ring Energy Inc (REI)
Compared to the last year’s volume of 1.76 million, its volume of 0.93 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 40.40%. Additionally, its Average True Range was 0.06.
During the past 100 days, Ring Energy Inc’s (REI) raw stochastic average was set at 15.28%, which indicates a significant decrease from 47.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.95% in the past 14 days, which was higher than the 50.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2798, while its 200-day Moving Average is $1.5436. Nevertheless, the first resistance level for the watch stands at $1.1933 in the near term. At $1.2267, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.2433. If the price goes on to break the first support level at $1.1433, it is likely to go to the next support level at $1.1267. Should the price break the second support level, the third support level stands at $1.0933.
Ring Energy Inc (AMEX: REI) Key Stats
There are currently 199,956K shares outstanding in the company with a market cap of 231.95 million. Presently, the company’s annual sales total 366,330 K according to its annual income of 67,470 K. Last quarter, the company’s sales amounted to 83,440 K and its income totaled 5,660 K.
