Ring Energy Inc (AMEX:REI)’s traded shares stood at 0.61 million during the latest session, with the company’s beta value hitting 1.05. At the last check today, the stock’s price was $1.20, to imply a decrease of -3.63% or -$0.04 in intraday trading. The REI share’s 52-week high remains $2.20, putting it -83.33% down since that peak but still an impressive 12.5% since price per share fell to its 52-week low of $1.05. The company has a valuation of $238.94M, with an average of 2.01 million shares in intraday trading volume over the past 10 days and average of 1.87 million shares over the past 3 months.
Ring Energy Inc (AMEX:REI) trade information
After registering a -3.63% downside in the latest session, Ring Energy Inc (REI) has traded red over the past five days. The 5-day price performance for the stock is 2.14%, and -15.25% over 30 days. With these gigs, the year-to-date price performance is -12.13%. Short interest in Ring Energy Inc (AMEX:REI) saw shorts transact 11.89 million shares and set a 7.87 days time to cover. The extremes give us $2.5 and $2.5 for target low and target high price respectively. As such, REI has been trading -108.33% off suggested target high and -108.33% from its likely low.
REI Dividends
Ring Energy Inc has its next earnings report out on 2025-Mar-04. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Ring Energy Inc (AMEX:REI)’s Major holders
Ring Energy Inc insiders hold 10.64% of total outstanding shares, with institutional holders owning 47.83% of the shares at 53.52% float percentage. In total, 47.83% institutions holds shares in the company, led by WARBURG PINCUS LLC. As of 2024-06-30, the company held over 46.12 million shares (or 23.296% of shares), all amounting to roughly $77.94 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 8.87 million shares, or about 4.4933% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $14.99 million.
We also have iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Ring Energy Inc (REI) shares. Going by data provided on Dec 31, 2024, iShares Russell 2000 ETF holds roughly 4.05 shares. This is just over 2.03% of the total shares, with a market valuation of $4.84 million. Data from the same date shows that the other fund manager holds a little less at 4.06, or 2.03% of the shares, all valued at about 4.85 million.
