Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of Ring Energy Inc (AMEX: REI) closed at $0.91 in the last session, up 3.24% from day before closing price of $0.88. In other words, the price has increased by $3.24 from its previous closing price. On the day, 1.55 million shares were traded. REI stock price reached its highest trading level at $0.9259 during the session, while it also had its lowest trading level at $0.8814.
Ratios:
We take a closer look at REI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 100.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.95. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.48. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.45.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH Capital on August 01, 2022, Downgraded its rating to Neutral and sets its target price to $7.50 from $4.90 previously.
On October 14, 2021, ROTH Capital Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $4.75.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 01 ’25 when CRUM JOHN A bought 50,000 shares for $1.15 per share. The transaction valued at 57,500 led to the insider holds 564,125 shares of the business.
McKinney Paul D. bought 200,000 shares of REI for $215,200 on Mar 10 ’25. The CEO and Chairman of the Board now owns 2,966,054 shares after completing the transaction at $1.08 per share. On Feb 24 ’25, another insider, Warburg Pincus (E&P) XII LLC, who serves as the 10% Owner of the company, sold 6,575,000 shares for $1.23 each. As a result, the insider received 8,087,250 and left with 28,945,643 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, REI now has a Market Capitalization of 187937744 and an Enterprise Value of 569196800. As of this moment, Ring’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.70, and their Forward P/E ratio for the next fiscal year is 2.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 0.21. Its current Enterprise Value per Revenue stands at 1.625 whereas that against EBITDA is 2.468.
Stock Price History:
The Beta on a monthly basis for REI is 1.01, which has changed by -0.53571427 over the last 52 weeks, in comparison to a change of 0.042615533 over the same period for the S&P500. Over the past 52 weeks, REI has reached a high of $2.06, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is -20.30%, while the 200-Day Moving Average is calculated to be -38.82%.
Shares Statistics:
According to the various share statistics, REI traded on average about 1.94M shares per day over the past 3-months and 2443300 shares per day over the past 10 days. A total of 198.56M shares are outstanding, with a floating share count of 151.15M. Insiders hold about 26.81% of the company’s shares, while institutions hold 31.73% stake in the company. Shares short for REI as of 1743379200 were 12085155 with a Short Ratio of 6.22, compared to 1740700800 on 11892333. Therefore, it implies a Short% of Shares Outstanding of 12085155 and a Short% of Float of 7.7800006.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0