Ring Energy 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. Its last market close was $1.65 – a decrease of 5.17% over the previous week. Ring Energy employs 108 staff and has a trailing 12-month revenue of around $369.5 million.
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| Latest market close | $1.65 |
|---|---|
| 52-week range | $1.25 - $2.20 |
| 50-day moving average | $1.75 |
| 200-day moving average | $1.70 |
| Wall St. target price | $3.00 |
| PE ratio | 4.6389 |
| Dividend yield | N/A |
| Earnings per share (TTM) | $0.36 |
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.
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.
Historical closes compared with the close of $1.65 from 2024-10-10
| 1 week (2024-10-04) | -5.17% |
|---|---|
| 1 month (2024-09-12) | -1.79% |
| 3 months (2024-07-12) | -13.16% |
| 6 months (2024-04-12) | -20.67% |
| 1 year (2023-10-12) | -6.78% |
|---|---|
| 2 years (2022-10-12) | -39.34% |
| 3 years (2021-10-11) | 3.89 |
| 5 years (2019-10-11) | 10.74% |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Ring Energy shares trade at around 5x recent earnings.
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 (earnings before interest, taxes, depreciation and amortisation) is $225.5 million.
The EBITDA is a measure of a Ring Energy's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $369.5 million |
|---|---|
| Operating margin TTM | 41.87% |
| Gross profit TTM | $283.2 million |
| Return on assets TTM | 6.04% |
| Return on equity TTM | 9.16% |
| Profit margin | 19.29% |
| Book value | $4.13 |
| Market Capitalization | $330.9 million |
TTM: trailing 12 months
We're not expecting Ring Energy to pay a dividend over the next 12 months.
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.
Over the last 12 months, Ring Energy's shares have ranged in value from as little as $1.25 up to $2.1978. 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 1.624. This would suggest that Ring Energy's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Ring Energy, Inc. , an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 56,711 net developed acres and 2,668 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,751 net developed acres and 12,405 net undeveloped acres in Yoakum County, Texas and Lea County, New Mexico. It primarily sells its oil and natural gas production to end users, marketers, and other purchasers. The company was formerly known as Transglobal Mining Corp. and changed its name to Ring Energy, Inc. in March 2008.
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