It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Ring Energy Inc. (REI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 0.94%, to $2.15. The Ring Energy Inc. has recorded 6,901 volume in the after hours trading session.
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Ring Energy Inc. is listed on the AMEX in the Energy sector while operating in the Oil & Gas E&P industry. At the end of the last regular session, the stock closed at $2.13 and fluctuated between $2.1600 as its day high and $2.1100 as its day low. The current market capitalization of Ring Energy Inc. is $367.98M. A total of 1.33 million shares were traded on the day, compared to an average of 2.25M shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, REI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 7 BUYs and 14 SELLs from insiders. Insiders purchased 128,627,451 shares during that period but sold 13,018,109.
In the most recent transaction, Kruse William R bought 507,214 shares of REI for 2.67 per share on Aug 01. After the transaction, the 10% Owner now owns 13,446,948 company shares.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for REI in the last 3 months, the mean price target is $5.50 with high estimates of $8.00 and low estimates of $3.00. In terms of 52-week highs and lows, REI has a high of $5.09 and a low of $1.95.
As of this writing, REI has an earnings estimate of $0.22 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.27 per share and a lower estimate of $0.17. The company reported an EPS of $0.24 in the last quarter, which was -4.00% lower than expectations of $0.25.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 2 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. A total of 0 analysts rated the stock as Buy while 0 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.