Ring Energy Inc (AMEX: REI) is -52.74% lower on its value in year-to-date trading and has touched a low of $0.72 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 $0.79 in the last trading session, with the day’s gains setting it 2.26%.
Currently trading at $3.05M, the stock is -4.04% and -8.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.23 million and changing 4232639% at the moment leaves the stock -40.00% off its SMA200. REI registered -44.05% loss for a year compared to 6-month loss of -40.09%. The firm has a 50-day simple moving average (SMA 50) of $0.832 and a 200-day simple moving average (SMA200) of $1.26825.
The stock witnessed a 2.13% gain in the last 1 month and extending the period to 3 months gives it a -36.59%, and is -7.01% 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 2.36% over the week and 3.78% over the month.
Ring Energy Inc (REI) has around 115 employees, a market worth around $157.15M and $350.92M in sales. Current P/E ratio is 2.15 and Fwd P/E is 2.72. Profit margin for the company is 20.25%. Distance from 52-week low is 5.68% and -62.97% 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 -61.43% this year.
Ring Energy Inc (REI) Top Institutional Holders
188.0 institutions hold shares in Ring Energy Inc (REI), with institutional investors hold 47.37% of the company’s shares. The shares outstanding are 206.51M, and float is at 159.67M with Short Float at 8.89%. Institutions hold 42.42% of the Float.
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 2,486,027 shares of the company’s common stock on Jun 13 ’25 at a price of $0.92 per share for a total of $2.29 million. Following the sale, the insider now owns 20.51 million shares.
Ring Energy Inc disclosed in a document filed with the SEC on Jun 13 ’25 that Warburg Pincus & Co US, LLC (10% Owner) sold a total of 2,486,027 shares of the company’s common stock. The trade occurred on Jun 13 ’25 and was made at $0.92 per share for $2.29 million. Following the transaction, the insider now directly holds 20.51 million shares of the REI stock.
Still, SEC filings show that on Jun 11 ’25, Warburg Pincus (E&P) XII LLC (10% Owner) disposed off 652,380 shares at an average price of $0.81 for $0.53 million. The insider now directly holds 23,223,335 shares of Ring Energy Inc (REI).
