After Hours
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.
Stocks Info
The company is listed on the AMEX and operates within the Oil & Gas E&P industry segment. The current market capitalization of Ring Energy Inc is $291.52M. A total of 2.79 million shares were traded on the day, compared to an average of 1.94M shares.
In the most recent transaction, Roesener Regina sold 16,000 shares of REI for 1.25 per share on Dec 23 ’24. After the transaction, the Director now owns 430,262 company shares. In a previous transaction on Dec 23 ’24, Roesener Regina bought 16,000 shares at 1.00 per share.
Among the insiders who sold shares, Warburg Pincus & Co US, LLC disposed of 4,400,000 shares on Oct 08 ’24 at a per-share price of $1.62. This resulted in the 10% Owner holding 35,520,643 shares of REI after the transaction. In another insider transaction, Warburg Pincus (E&P) XII LLC sold 4,400,000 shares at $1.62 per share on Oct 08 ’24. Company shares held by the 10% Owner now total 35,520,643.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, REI has a high of $2.20 and a low of $1.21.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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 $4.30, while its Total Shareholder’s Equity was $300.62M.
Analysts Opinion
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. 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.
