Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Ring Energy Inc (AMEX: REI) closed at $1.09 down -0.91% from its previous closing price of $1.10. In other words, the price has decreased by -$0.91 from its previous closing price. On the day, 2.35 million shares were traded.
Ratios:
For a deeper understanding of Ring Energy Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 116.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.74. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 10 ’25 when McKinney Paul D. bought 200,000 shares for $1.08 per share. The transaction valued at 215,200 led to the insider holds 2,966,054 shares of the business.
Warburg Pincus (E&P) XII LLC sold 6,575,000 shares of REI for $8,087,250 on Feb 24 ’25. The 10% Owner now owns 28,945,643 shares after completing the transaction at $1.23 per share. On Feb 24 ’25, another insider, Warburg Pincus & Co US, 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:
As of this moment, Ring’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.24, and their Forward P/E ratio for the next fiscal year is 2.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 0.25.
Stock Price History:
Over the past 52 weeks, REI has reached a high of $2.20, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is -18.45%, while the 200-Day Moving Average is calculated to be -31.01%.
Shares Statistics:
A total of 198.56M shares are outstanding, with a floating share count of 146.60M. Insiders hold about 26.68% of the company’s shares, while institutions hold 32.77% stake in the company.