Home  »  Markets   »  Ring Energy Inc. (REI) Volatility At 5.79%, Should...

Ring Energy Inc. (REI) Volatility At 5.79%, Should You Add A Position?

Ring Energy Inc. (AMEX: REI) is 13.16% higher on its value in year-to-date trading and has touched a low of $2.02 and a high of $5.09 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The REI stock was last observed hovering at around $2.62 in the last trading session, with the day’s loss setting it -0.04%.

Currently trading at $2.58, the stock is -14.17% and -8.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing -1.53% at the moment leaves the stock -20.45% off its SMA200. REI registered 5.74% gain for a year compared to 6-month loss of -26.07%.

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .


The stock witnessed a -11.03% gain in the last 1 month and extending the period to 3 months gives it a -19.38%, and is -14.29% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.79% over the week and 5.74% over the month.

Ring Energy Inc. (REI) has around 53 employees, a market worth around $280.60M and $262.20M in sales. Current P/E ratio is 4.13 and Fwd P/E is 2.43. Profit margin for the company is 33.30%. Distance from 52-week low is 27.72% and -49.31% from its 52-week high. The company has generated returns on investments over the last 12 months (16.20%).

Ring Energy Inc. (REI) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Ring Energy Inc. (REI) is a “Hold”. 2 analysts offering their recommendations for the stock have an average rating of 2.50, where 2 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

The EPS is expected to grow by 100.80% this year

Ring Energy Inc. (REI) Top Institutional Holders

The shares outstanding are 106.39M, and float is at 79.60M with Short Float at 20.26%.

Ring Energy Inc. (REI) Insider Activity

A total of 9 insider transactions have happened at Ring Energy Inc. (REI) in the last six months, with sales accounting for 5 and purchases happening 4 times. The most recent transaction is an insider purchase by Kruse William R, the company’s 10% Owner. SEC filings show that Kruse William R bought 507,214 shares of the company’s common stock on Aug 01 at a price of $2.67 per share for a total of $1.35 million. Following the purchase, the insider now owns 13.45 million shares.

Ring Energy Inc. (REI): Who are the competitors?

The company’s main competitors (and peers) include Laredo Petroleum Inc. (LPI) that is trading -9.93% down over the past 12 months. Mexco Energy Corporation (MXC) is 98.60% up on the 1-year trading charts.

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts




The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.