On Thursday, Ring Energy Inc (AMEX: REI) remained unchanged from the previous day of trading 7.41% from the last session, before settling in for the closing price of $0.84. Price fluctuations for REI have ranged from $0.78 to $2.09 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 22.75%. Company’s average yearly earnings per share was noted -3.57% at the time writing. With a float of $151.15 million, this company’s outstanding shares have now reached $198.56 million.
Let’s determine the extent of company efficiency that accounts for 115 employees. 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 26.81%, while institutional ownership is 31.73%. The most recent insider transaction that took place on Apr 01 ’25, was worth 57,500. In this transaction Director of this company bought 50,000 shares at a rate of $1.15, taking the stock ownership to the 564,125 shares. Before that another transaction happened on Mar 10 ’25, when Company’s CEO and Chairman of the Board bought 200,000 for $1.08, making the entire transaction worth $215,200. This insider now owns 2,966,054 shares in total.
Ring Energy Inc (REI) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 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 0.51. Likewise, its price to free cash flow for the trailing twelve months is 4.89.
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)
Looking closely at Ring Energy Inc (AMEX: REI), its last 5-days average volume was 2.39 million, which is a jump from its year-to-date volume of 1.94 million. As of the previous 9 days, the stock’s Stochastic %D was 28.55%. Additionally, its Average True Range was 0.08.
During the past 100 days, Ring Energy Inc’s (REI) raw stochastic average was set at 14.07%, which indicates a significant decrease from 28.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 114.37% in the past 14 days, which was higher than the 61.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1571, while its 200-day Moving Average is $1.4956. However, in the short run, Ring Energy Inc’s stock first resistance to watch stands at $0.9355. Second resistance stands at $0.9727. The third major resistance level sits at $1.0105. If the price goes on to break the first support level at $0.8605, it is likely to go to the next support level at $0.8227. Should the price break the second support level, the third support level stands at $0.7855.
Ring Energy Inc (AMEX: REI) Key Stats
There are currently 206,509K shares outstanding in the company with a market cap of 185.49 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.
