Ring Energy Inc (REI) concluded trading on Thursday at a closing price of $0.84, with 3.37 million shares of worth about $2.83 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -47.06% during that period and on May 15, 2025 the price saw a loss of about -5.27%. Currently the company’s common shares owned by public are about 206.51M shares, out of which, 150.62M shares are available for trading.
Stock saw a price change of 2.01% in past 5 days and over the past one month there was a price change of 2.22%. Year-to-date (YTD), REI shares are showing a performance of -38.49% which decreased to -52.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.78 but also hit the highest price of $2.06 during that period. The average intraday trading volume for Ring Energy Inc shares is 2.12 million. The stock is currently trading -5.37% below its 20-day simple moving average (SMA20), while that difference is down -16.14% for SMA50 and it goes to -40.33% lower than SMA200.
Ring Energy Inc (AMEX: REI) currently have 206.51M outstanding shares and institutions hold larger chunk of about 31.44% of that.
The stock has a current market capitalization of $172.76M and its 3Y-monthly beta is at 0.83. PE ratio of stock for trailing 12 months is 2.36, while it has posted earnings per share of $0.35 in the same period. It has Quick Ratio of 0.44 while making debt-to-equity ratio of 0.53. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for REI, volatility over the week remained 5.32% while standing at 5.98% over the month.
Stock’s fiscal year EPS is expected to drop by -40.00% while it is estimated to increase by 60.32% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by ROTH Capital on August 01, 2022 offering a Neutral rating for the stock and assigned a target price range of between $4.90 and $7.50 to it. Coverage by ROTH Capital stated Ring Energy Inc (REI) stock as a Buy in their note to investors on October 14, 2021, suggesting a price target of $4.75 for the stock. Stock get a Accumulate rating from Johnson Rice on March 17, 2020.
