Ring Energy, Inc. (AMEX:REI) went down by -6.08% from its latest closing price when compared to the 1-year high value of $3.31 and move down -379.71%, while REI stocks collected -20.12% of loss with the last five trading sessions. Press Release reported on 08/25/20 that Lithia Motors Set to Join S&P MidCap 400; BankUnited & Trupanion to Join S&P SmallCap 600
Ring Energy, Inc. (AMEX:REI) Worth an Investment?
Ring Energy, Inc. (AMEX: REI) The 36 Months beta value for REI stocks is at 2.69, while 0 of the analysts out of 6 who provided ratings for Ring Energy, Inc. stocks as a “buy” while 1 as overweight, 5 rated it as hold and 0 as sell. The average price we get from analysts is $1.46 which is $0.58 above current price. REI currently has a short float of 23.40% and public float of 49.95M with average trading volume of 1.55M shares.
REI Market Performance
REI stocks went down by -20.12% for the week, with the monthly drop of -39.97% and a quarterly performance of -39.97%, while its annual performance rate touched -51.04%. The simple moving average for the period of the last 20 days is -30.66% for REI stocks with the simple moving average of -51.77% for the last 200 days.
Analysts’ Opinion on Ring Energy, Inc. (AMEX:REI)
Many brokerage firms have already submitted their reports for REI stocks, with Alliance Global Partners repeating the rating for REI shares by setting it to “Neutral”. The predicted price for REI socks in the upcoming period according to Alliance Global Partners is $9 based on the research report published on March 18, 2020.
Johnson Rice, on the other hand, stated in their research note that they expect to see REI stock at the price of $9. The rating they have provided for REI stocks is “Accumulate” according to the report published on March 17, 2020.
SunTrust gave “ Hold” rating to REI stocks, setting the target price at $1 in the report published on March 9, 2020.
REI Stocks -35.92% Far from 50 Day Moving Average
After a stumble in the market that brought REI to its low price for the period of the last 52 weeks, Ring Energy, Inc. was unable to take a rebound, for now settling with -79.15% of loss for the given period.
The stock volatility was left at 8.94%, however, within the period of a single month, the volatility rate increased by 15.00%, while the shares sank at the distance of -41.50% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -49.24% lower at the present time.
In the course of the last 5 trading sessions, REI went down by -20.12%, which changed the moving average for the period of 200 days to the total of -64.42% of losses for the stock in comparison to the 20-day moving average settled at $0.9710. In addition, Ring Energy, Inc. saw -73.85% in overturn over the period of a single year with a tendency to cut further losses.
REI Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Ring Energy, Inc. (REI), starting from Hoffman Kelly W., who bought 10,000 shares at the price of $1.47 back on Sep 13. After this action, Rushing now owns 69,546 shares of Ring Energy, Inc., valued at $14,700 with the latest closing price.
Rochford Living Trust Lloyd Ti, the Director of Ring Energy, Inc., bought 12,500 shares at the value of $1.63 during a trade that took place back on Sep 11, which means that Rochford Living Trust Lloyd Ti is holding 1,550,000 shares at the value of $20,375 based on the most recent closing price.
REI Stock Fundamentals
The current profitability levels are settled at +32.82 for the present operating margin and +41.35 for gross margin. The net margin for Ring Energy, Inc. stands at +15.07. Total capital return value is set at 9.21, while invested capital returns managed to touch 4.23. Equity return holds the value -15.10%, with -8.20% for asset returns.
Based on Ring Energy, Inc. (REI), the company’s capital structure generated 70.50 points for debt to equity in total, while total debt to capital is set at the value of 41.35. Total debt to assets is settled at the value of 36.07 with long-term debt to equity ratio rests at 4.63 and long-term debt to capital is 70.22.
The value for Enterprise to Sales is 2.74 with debt to enterprise value settled at 0.69. The receivables turnover for Ring Energy, Inc. is 10.32 with the total asset turnover at the value of 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.66.