In recent trading session, Ring Energy Inc (AMEX:REI) saw 0.41 million shares changing hands at last check today with its beta currently measuring 0.77. Company’s recent per share price level of $0.78 trading at $0.01 or 0.82% at last check today assigns it a market valuation of $160.32M. That most recent trading price of REI’s stock is at a discount of -164.1% from its 52-week high price of $2.06 and is indicating a premium of 7.69% from its 52-week low price of $0.72. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.87 million shares which gives us an average trading volume of 3.14 million if we extend that period to 3-months.
Ring Energy Inc (AMEX:REI) trade information
Upright in the green today for gaining 0.82%, in the last five days REI remained trading in the red while hitting it’s week-highest on Friday, 06/20/25 when the stock touched $0.78 price level, adding 9.45% to its value on the day. Ring Energy Inc’s shares saw a change of -52.08% in year-to-date performance and have moved -9.90% in past 5-day. Ring Energy Inc (AMEX:REI) showed a performance of -1.73% in past 30-days. Number of shares sold short was 13.27 million shares which calculate 3.82 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 2.5 to the stock, which implies a rise of 68.8% to its recent value today. Analysts have been projecting 2.5 as a low price target for the stock while placing it at a high target of 2.5. It follows that stock’s current price would drop -220.51% in reaching the projected high whereas dropping to the targeted low would mean a loss of -220.51% for stock’s current value.
Ring Energy Inc (REI) estimates and forecasts
This year revenue growth is estimated to fall -12.93% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 79.25M for the same. And 2 analysts are in estimates of company making revenue of 81.53M in the next quarter. Company posted 99.14M and 89.24M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -5.28% during past 5 years.
Ring Energy Inc (AMEX:REI)’s Major holders
Insiders are in possession of 10.45% of company’s total shares while institution are holding 42.42 percent of that, with stock having share float percentage of 47.37%. Investors also watch the number of corporate investors in a company very closely, which is 42.42% institutions for Ring Energy Inc that are currently holding shares of the company. WARBURG PINCUS LLC is the top institutional holder at REI for having 46.12 million shares of worth $77.94 million. And as of 2024-06-30, it was holding 23.296 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 8.87 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.4799 of outstanding shares, having a total worth of $14.99 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 5.21 shares of worth $4.09 million or 2.52% of the total outstanding shares. The later fund manager was in possession of 3.67 shares on Apr 30, 2025 , making its stake of worth around $2.88 million in the company or a holder of 1.78% of company’s stock.