After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.
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Stocks Info
As a AMEX listed company, REI falls under the Energy sector while operating within the Oil & Gas E&P industry segment. The current market capitalization of Ring Energy Inc is $305.18M. A total of 2.41 million shares were traded on the day, compared to an average of 1.70M shares.
In the most recent transaction, Warburg Pincus & Co US, LLC sold 4,400,000 shares of REI for 1.62 per share on Oct 08 ’24. After the transaction, the 10% Owner now owns 35,520,643 company shares. In a previous transaction on Oct 08 ’24, Warburg Pincus (E&P) XII LLC sold 4,400,000 shares at 1.62 per share. REI shares that 10% Owner owns now total 35,520,643.
Among the insiders who bought shares, Warburg Pincus LLC (1) acquired of 4,400,000 shares on Oct 08 ’24 at a per-share price of $1.74. In another insider transaction, Warburg Pincus & Co US, LLC sold 6,200,000 shares at $1.64 per share on Sep 18 ’24. Company shares held by the 10% Owner now total 39,920,643.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, REI has a high of $2.20 and a low of $1.25.
As of this writing, REI has an earnings estimate of $0.1 per share for the current quarter. EPS was calculated based on a consensus of 3.0 estimates, with a high estimate of $0.11 per share and a lower estimate of $0.08. The company reported an EPS of $0.13 in the last quarter
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. REI’s latest balance sheet shows that the firm has $2.41M in Cash & Short Term Investments as of fiscal 2021. There were $292.68M in debt and $76.67M in liabilities at the time. Its Book Value Per Share was $4.12, while its Total Shareholder’s Equity was $300.62M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for REI is Buy with a score of 3.00.
