InvestorsObserver is giving Ring Energy Inc (REI) an Analyst Rating Rank of 5, meaning REI is ranked higher by analysts than 5% of stocks. The average price target for REI is $3.5 and analyst’s rate the stock as a Hold.
Wall Street analysts are rating REI a Hold today. Find out what this means to you and get the rest of the rankings on REI!
Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve.
InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.
What's Happening With Ring Energy Inc Stock Today?
Ring Energy Inc (REI) stock is lower by -2.91% while the S&P 500 is up 0.59% as of 9:49 AM on Wednesday, Nov 22. REI has fallen -$0.05 from the previous closing price of $1.72 on volume of 180,328 shares. Over the past year the S&P 500 has gained 14.02% while REI has fallen -42.21%. REI earned $0.37 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 4.52.
Click Here to get the full Stock Report for Ring Energy Inc stock.
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