Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Ring Energy Inc (AMEX: REI) closed at $1.28 in the last session, up 0.79% from day before closing price of $1.27. In other words, the price has increased by $0.79 from its previous closing price. On the day, 1.84 million shares were traded.
Ratios:
We take a closer look at REI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 0.54. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.46.
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 Feb 24 ’25 when Warburg Pincus (E&P) XII LLC sold 6,575,000 shares for $1.23 per share. The transaction valued at 8,087,250 led to the insider holds 28,945,643 shares of the business.
Warburg Pincus & Co US, 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 LLC (1), who serves as the Affiliate of the company, bought 6,575,000 shares for $1.34 each.
Valuation Measures:
As of this moment, Ring’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.26, and their Forward P/E ratio for the next fiscal year is 3.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 0.30.
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 $1.21. The 50-Day Moving Average of the stock is -5.84%, while the 200-Day Moving Average is calculated to be -20.42%.
Shares Statistics:
A total of 198.20M shares are outstanding, with a floating share count of 138.74M. Insiders hold about 30.00% of the company’s shares, while institutions hold 33.06% stake in the company.
