How to buy Ring Energy (REI) stock

Ring Energy, Inc is an oil & gas e&p business based in the US. Ring Energy shares (REI) are listed on the NYSE MKT and all prices are listed in US Dollars. Ring Energy employs 41 staff and has a trailing 12-month revenue of around 0.00.

Ring Energy stock price (NYSE MKT: REI)

Use our graph to track the performance of REI stocks over time.

Ring Energy shares at a glance

• Key figures

Information last updated 2021-07-22.

Latest market close	$2.25
52-week range	$0.43 - $3.36
50-day moving average	$2.80
200-day moving average	$2.22
Wall St. target price	$3.24
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	$-4.04

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Is it a good time to buy Ring Energy stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Ring Energy, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Ring Energy price performance over time

Historical closes compared with the close of $2.25 from 2021-05-28

1 week (2021-07-16)	N/A
1 month (2021-06-25)	-28.57%
3 months (2021-04-27)	9.22%
6 months (2021-01-23)	N/A

1 year (2020-07-23)	N/A
2 years (2019-07-23)	N/A
3 years (2018-07-23)	N/A
5 years (2016-07-23)	N/A

Is Ring Energy under- or over-valued?

Valuing Ring Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ring Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Ring Energy's PEG ratio

Ring Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.82. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Ring Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Ring Energy's EBITDA

Ring Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $74.7 million.

The EBITDA is a measure of a Ring Energy's overall financial performance and is widely used to measure a its profitability.

Ring Energy financials

Revenue TTM	$107.7 million
Operating margin TTM	33.77%
Gross profit TTM	$76.2 million
Return on assets TTM	2.71%
Return on equity TTM	-74.94%
Profit margin	-293.54%
Book value	$2.78
Market capitalisation	$264.1 million

TTM: trailing 12 months

Shorting Ring Energy shares

There are currently 13.7 million Ring Energy shares held short by investors – that's known as Ring Energy's "short interest". This figure is 1.1% up from 13.6 million last month.

There are a few different ways that this level of interest in shorting Ring Energy shares can be evaluated.

Ring Energy's "short interest ratio" (SIR)

Ring Energy's "short interest ratio" (SIR) is the quantity of Ring Energy shares currently shorted divided by the average quantity of Ring Energy shares traded daily (recently around 3.2 million). Ring Energy's SIR currently stands at 4.25. In other words for every 100,000 Ring Energy shares traded daily on the market, roughly 4250 shares are currently held short.

However Ring Energy's short interest can also be evaluated against the total number of Ring Energy shares, or, against the total number of tradable Ring Energy shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Ring Energy's short interest could be expressed as 0.14% of the outstanding shares (for every 100,000 Ring Energy shares in existence, roughly 140 shares are currently held short) or 0.1939% of the tradable shares (for every 100,000 tradable Ring Energy shares, roughly 194 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Ring Energy.

Find out more about how you can short Ring Energy stock.

Ring Energy share dividends

We're not expecting Ring Energy to pay a dividend over the next 12 months.

Have Ring Energy's shares ever split?

Ring Energy's shares were split on a 1:18 basis on 1 June 2008. So if you had owned 18 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Ring Energy shares – just the quantity. However, indirectly, the new 1700% higher share price could have impacted the market appetite for Ring Energy shares which in turn could have impacted Ring Energy's share price.

Ring Energy share price volatility

Over the last 12 months, Ring Energy's shares have ranged in value from as little as $0.4301 up to $3.36. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while Ring Energy's is 2.5011. This would suggest that Ring Energy's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Ring Energy overview

Ring Energy, Inc. , an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2020, the company's proved reserves consisted of approximately 76. 5 million barrel of oil equivalent. It also had interests in 18,712 net developed acres and 6,650 net undeveloped acres in Andrews and Gaines counties, Texas; 18,256 net developed acres and 212 net undeveloped acres in Culberson and Reeves counties, Texas; and 8,085 net developed acres and 24,830 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico. Ring Energy, Inc. primarily sells its oil and natural gas production to end users, marketers, and other purchasers.

Frequently asked questions

What percentage of Ring Energy is owned by insiders or institutions?
Currently 30.594% of Ring Energy shares are held by insiders and 17.782% by institutions. How many people work for Ring Energy?
Latest data suggests 41 work at Ring Energy. When does the fiscal year end for Ring Energy?
Ring Energy's fiscal year ends in December. Where is Ring Energy based?
Ring Energy's address is: 1725 Hughes Landing Blvd, The Woodlands, TX, United States, 77380 What is Ring Energy's ISIN number?
Ring Energy's international securities identification number is: United State What is Ring Energy's CUSIP number?
Ring Energy's Committee on Uniform Securities Identification Procedures number is: 76680V108