Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Ring Energy Inc’s current trading price is -63.14% away from its 52-week high, while its distance from the 52-week low is -10.00%. The stock’s price range during this period has varied between $0.90 and $2.20. The company, active in the Energy sector, saw a trading volume of around 2.15 million for the day, considerably higher average daily volume of 1.85 million observed over the last three months.
Ring Energy Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $2.20 on 04/12/24, and the lowest price during that time was $0.90, recorded on 04/08/25.
How Financial Performance Impacts Market Capitalization
Ring Energy Inc (REI) has experienced a quarterly decline of -43.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 161.97M and boasts a workforce of 115 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.3289, with a change in price of -0.7700. Similarly, Ring Energy Inc recorded 1,863,183 in trading volume during the last 100 days, posting a change of -48.73%.
How REI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for REI stands at 0.45. Similarly, the long-term debt-to-equity ratio is also 0.45.
REI Stock Stochastic Average
As of today, the raw stochastic average of Ring Energy Inc over the past 50 days is 0.00%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 0.00%. Additionally, the Stochastic %K and %D values for the company were 10.28% and 15.38%, respectively, over the past 20 days.
REI Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -40.44%. However, over the past six months, we’ve seen a stronger performance of -53.45%. The price of REI leaped by -26.36% over the last 30 days. And in the last five days, it has fallen by -30.17%.
