Ring Energy Inc (AMEX: REI) is -42.28% lower on its value in year-to-date trading and has touched a low of $0.78 and a high of $2.06 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The REI stock was last observed hovering at around $0.83 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $0.79, the stock is -9.91% and -19.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.12 million and changing -5.42% at the moment leaves the stock -43.34% off its SMA200. REI registered -55.40% loss for a year compared to 6-month loss of -49.03%.
The stock witnessed a -10.94% gain in the last 1 month and extending the period to 3 months gives it a -43.12%, and is -14.53% 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 5.02% over the week and 5.58% over the month.
Ring Energy Inc (REI) has around 115 employees, a market worth around $162.13M and $350.92M in sales. Current P/E ratio is 2.22 and Fwd P/E is 2.45. Profit margin for the company is 20.25%. Distance from 52-week low is 0.64% and -61.80% from its 52-week high. The company has generated returns on investments over the last 12 months (5.31%).
The EPS is expected to shrink by -50.00% this year.
Ring Energy Inc (REI) Top Institutional Holders
The shares outstanding are 206.51M, and float is at 152.40M with Short Float at 7.91%.
The top institutional shareholder in the company is WARBURG PINCUS LLC with over 46.12 million shares valued at $77.94 million. The investor’s holdings represent 23.296% of the REI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.87 million shares valued at $14.99 million to account for 4.4799 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.2 million shares representing 2.626% and valued at over $8.79 million, while AMERIPRISE FINANCIAL INC holds 2.3993 of the shares totaling 4.75 million with a market value of $8.03 million.
Ring Energy Inc (REI) Insider Activity
The most recent transaction is an insider sale by Warburg Pincus (E&P) XII LLC, the company’s 10% Owner. SEC filings show that Warburg Pincus (E&P) XII LLC sold 554,102 shares of the company’s common stock on May 15 ’25 at a price of $0.84 per share for a total of $0.47 million. Following the sale, the insider now owns 27.0 million shares.
Ring Energy Inc disclosed in a document filed with the SEC on May 16 ’25 that Warburg Pincus (E&P) XII LLC (10% Owner) sold a total of 406,408 shares of the company’s common stock. The trade occurred on May 16 ’25 and was made at $0.81 per share for $0.33 million. Following the transaction, the insider now directly holds 26.59 million shares of the REI stock.
Still, SEC filings show that on May 19 ’25, Warburg Pincus (E&P) XII LLC (10% Owner) disposed off 193,940 shares at an average price of $0.82 for $0.16 million. The insider now directly holds 26,401,057 shares of Ring Energy Inc (REI).
