Ring Energy Stock Buy Hold or Sell Recommendation
| REI Stock | USD 1.53 0.03 2.00% |
Considering the 90-day investment horizon and your below-average risk tolerance, our recommendation regarding Ring Energy is 'Sell'. The recommendation algorithm takes into account all of Ring Energy's available fundamental, technical, and predictive indicators you will find on this site.
Check out Ring Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide. In addition, we conduct extensive research on individual companies such as Ring and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Ring Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Ring |
Execute Ring Energy Buy or Sell Advice
The Ring recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ring Energy. Macroaxis does not own or have any residual interests in Ring Energy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ring Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Ring Energy Trading Alerts and Improvement Suggestions
| Ring Energy generated a negative expected return over the last 90 days | |
| Ring Energy may become a speculative penny stock | |
| Ring Energy has high historical volatility and very poor performance | |
| Ring Energy has 430.02 M in debt with debt to equity (D/E) ratio of 0.76, which is OK given its current industry classification. Ring Energy has a current ratio of 0.47, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Ring to invest in growth at high rates of return. | |
| About 12.0% of Ring Energy outstanding shares are owned by corporate insiders | |
| Latest headline from zacks.com: Amplify Energy Down 8 percent Since Q3 What to Do With the Stock |
Ring Energy Returns Distribution Density
The distribution of Ring Energy's historical returns is an attempt to chart the uncertainty of Ring Energy's future price movements. The chart of the probability distribution of Ring Energy daily returns describes the distribution of returns around its average expected value. We use Ring Energy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ring Energy returns is essential to provide solid investment advice for Ring Energy.
| Mean Return | -0.22 | Value At Risk | -5.33 | Potential Upside | 4.43 | Standard Deviation | 3.25 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ring Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Ring Energy Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 6.6M | (6.4M) | (1.2M) | 1.3M | (3.4M) | (3.2M) | |
| Free Cash Flow | (48.9M) | 28.3M | 19.5M | 65.8M | 43.0M | 45.1M | |
| Capital Expenditures | 155.5M | 43.8M | 53.2M | 131.2M | 155.2M | 163.0M | |
| Net Income | 29.5M | (253.4M) | 3.3M | 138.6M | 104.9M | 110.1M | |
| End Period Cash Flow | 10.0M | 3.6M | 2.4M | 3.7M | 296.4K | 281.6K | |
| Other Non Cash Items | 639.1K | 1.4M | (53.5M) | 15.6M | (3.7M) | (3.5M) | |
| Depreciation | 63.1M | 319.6M | 114.8M | 55.7K | 88.6M | 50.4M | |
| Change To Inventory | 1.0M | 259.6K | (582.7K) | (5.6M) | 3.1M | 3.3M | |
| Investments | (423.0M) | (43.8M) | (51.2M) | (308.9M) | (222.6M) | (233.7M) | |
| Change Receivables | (10.0M) | 7.9M | (9.5M) | (17.2M) | (15.5M) | (14.7M) | |
| Net Borrowings | 323.2M | (53.8M) | (22.5M) | 106.0M | 121.9M | 128.0M | |
| Change To Netincome | 19.4M | 278.0M | 80.4M | 37.7M | 43.3M | 50.1M |
Ring Energy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ring Energy or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ring Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Ring stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.39 | |
β | Beta against Dow Jones | 1.27 | |
σ | Overall volatility | 3.15 | |
Ir | Information ratio | -0.11 |
Ring Energy Volatility Alert
Ring Energy exhibits very low volatility with skewness of -0.26 and kurtosis of 1.26. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ring Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ring Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Ring Energy Fundamentals Vs Peers
Comparing Ring Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ring Energy's direct or indirect competition across all of the common fundamentals between Ring Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ring Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ring Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ring Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ring Energy to competition |
| Fundamentals | Ring Energy | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.0829 | -0.14 |
| Profit Margin | 0.31 % | (1.27) % |
| Operating Margin | 0.64 % | (5.51) % |
| Current Valuation | 699.74 M | 16.62 B |
| Shares Outstanding | 198.2 M | 571.82 M |
| Shares Owned By Insiders | 12.36 % | 10.09 % |
| Shares Owned By Institutions | 50.44 % | 39.21 % |
| Number Of Shares Shorted | 13.9 M | 4.71 M |
| Price To Earning | 2.58 X | 28.72 X |
| Price To Book | 0.36 X | 9.51 X |
| Price To Sales | 0.83 X | 11.42 X |
| Revenue | 361.06 M | 9.43 B |
| Gross Profit | 283.22 M | 27.38 B |
| EBITDA | 238.95 M | 3.9 B |
| Net Income | 104.86 M | 570.98 M |
| Cash And Equivalents | 2.22 M | 2.7 B |
| Cash Per Share | 0.02 X | 5.01 X |
| Total Debt | 430.02 M | 5.32 B |
| Debt To Equity | 0.76 % | 48.70 % |
| Current Ratio | 0.48 X | 2.16 X |
| Book Value Per Share | 4.29 X | 1.93 K |
| Cash Flow From Operations | 198.17 M | 971.22 M |
| Short Ratio | 6.93 X | 4.00 X |
| Earnings Per Share | 0.57 X | 3.12 X |
| Price To Earnings To Growth | 1.82 X | 4.89 X |
| Target Price | 3.0 | |
| Number Of Employees | 108 | 18.84 K |
| Beta | 1.64 | -0.15 |
| Market Capitalization | 303.24 M | 19.03 B |
| Total Asset | 1.38 B | 29.47 B |
| Retained Earnings | (9.45 M) | 9.33 B |
| Working Capital | (57.9 M) | 1.48 B |
Note: Disposition of 350 shares by Paul McKinney of Ring Energy at 1.95 subject to Rule 16b-3 [view details]
Ring Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ring . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Ring Energy Buy or Sell Advice
When is the right time to buy or sell Ring Energy? Buying financial instruments such as Ring Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Ring Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Industrials ETFs Thematic Idea Now
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Industrials ETFs theme has 45 constituents at this time.
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Check out Ring Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ring Energy. If investors know Ring will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ring Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Earnings Share 0.57 | Revenue Per Share 1.853 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0829 |
The market value of Ring Energy is measured differently than its book value, which is the value of Ring that is recorded on the company's balance sheet. Investors also form their own opinion of Ring Energy's value that differs from its market value or its book value, called intrinsic value, which is Ring Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ring Energy's market value can be influenced by many factors that don't directly affect Ring Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ring Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ring Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ring Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.