Ring Energy Inc. (REI) Share are down -43.49% over the last three months: What’s Next?

Ring Energy Inc. (REI) is owned by a number of high-value investors. Its largest direct holder is Stanley M. Mccabe Independent Director with 1,690,634 shares. The second-largest direct holder is Lloyd T. Rochford Chairman of the Board, with 1,550,000 shares of the company’s stock. In third place with 152,900 shares of REI is David A. Fowler Director and President.

Now turning to institutional ownership of Ring Energy Inc. (REI), BlackRock Fund Advisors is the top holder with 8.61 million shares. The next largest fund holder of this company’s stock is Dimensional Fund Advisors LP with 4.52 million shares. In the third-place spot with 3.98 million shares is The Vanguard Group, Inc..

This company’s stock price was $1.65 at the previous market close, with its latest volume reaching 3758210. Compare that to its average daily volume of 1.27M. Given the fact that this stock has 65.50M shares outstanding, its current market value is sitting at $108.07M. This publicly-traded stock’s 60-month Beta is 1.53. Its Price to Sales ratio is 0.70, its Price to Cash Flow ratio is 10.20, and its Price to Book ratio is 0.22.

REI stock has achieved a 5-day range of $1.30 to $1.71, with a total performance of +17.02% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $1.30 to $1.89, generating a -6.25% change during the period. In the past three months, this stock’s price has changed by -47.28%, trading in the range of $1.23 to $3.14.

In the past 5 days, shares of REI have made a new high 4 times. In the last month, it has made a new high 4 times, and in the past 3 months, it has made a new high 1 time.

Now let’s turn to this public company’s earnings. For the quarter ending 6/29/2019, the earnings per share (EPS) was reported at 0.16. This is a 0.02 difference compared to the consensus estimate of 0.14, amounting to an earnings surprise of 14.30%. In the previous quarter, which ended in 6/29/2019, the consensus estimate was 0.04, making for an earnings surprise of 375.00%. For the quarter ending 12/30/2018, EPS was reported at 0.01, generating a -83.30% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $9.0 million. This is compared to the prior year, where Net Income was $1.75 million. Meanwhile, this company’s Operating Cash Flow was $70.36 million for the year, compared to $42.81 million in 2017. Capital Expenditures for the year were reportedly -$4.66 million, compared to -$29.02 million, and Free Cash flow was $65.7 million compared to the prior year’s $13.79 million.

Ring Energy Inc. (REI) stock currently has a Financial Strength score of 4/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.03, an Equity to Asset ratio of 0.54, a Debt to Equity ratio of 0.7 and a Debt to EBITDA of 4.74. The Interest Coverage of this stock is 7.69, its Piotroski F-Score is 5, its Altman Z-Score is 0.34 and its Beneish M-Score is -3.38.

This publicly-traded company’s Profitability and Growth score is 4/10, thanks to a combination of things: an Operating Margin of 27.17, a Net Margin of 14.39, a ROE of 4.67, and a ROC of 4.12.

Shifting focus now to Valuation and Return for REI, this company’s Price to Tangible Book is 0.22, its Price to Median PS Value is 0.04. Price to Peter Lynch Fair Value for REI is now 0.00, and this organization’s Price to Graham Number is 0.22.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for REI is sitting at 0.57, while its Current Ratio is 0.57. This stock’s PB Ratio is 0.22, its PS Ratio is 0.69, its Forward PE Ratio is 2.83, and its PE Ratio without NRI is 5.15. Similarly and its Price to Operating Cash Flow is 1.46.