Ring Energy Inc. Shares Close the Week 21.9% Higher - Weekly Wrap
The company saw its shares close the week 21.9% higher than last week, with trading volume higher than its 30 day average.
Jan 09, 2022 by Kwhen Finance Editors
Ring Energy Inc. (REI) shares closed this week 21.9% higher than it did at the end of last week. The stock is currently up 21.9% year-to-date, up 159.8% over the past 12 months, and down 78.6% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%.
Trading Activity
- Shares traded as high as $2.88 and as low as $2.25 this week.
- Shares closed 33.2% below its 52-week high and 198.9% above its 52-week low.
- Trading volume this week was 13.8% higher than the 10-day average and 48.8% higher than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 2.2.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
- The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis
- The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis
- The company share price beats the performance of its peers in the Energy industry sector this week, beats it on a 1-year basis, and lags it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Ring Energy Inc. | -0.4 | 21.9 | 159.8 | -33.4 | 197.8 |
| Dow Jones Industrial Average | -0.0 | -0.3 | 18.5 | -2.0 | 23.2 |
| S&P 500 Index | -0.4 | -1.9 | 23.9 | -2.5 | 28.8 |
| Energy | 1.2 | 9.1 | 52.7 | -1.2 | 61.2 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date beats the peer average by 345.8%
- The company's stock price performance over the past 12 months beats the peer average by 184.9%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Ring Energy Inc. | REI | 0 | 21.9 | 159.8 | -33.4 | 197.8 |
| Peer Avg | N/A | -1.3 | 4.9 | 56.1 | -17.4 | 69.6 |
| Laredo Petroleum Inc. | LPI | -5.1 | 18.8 | 195.5 | -24.5 | 231.3 |
| Mexco Energy Corporation | MXC | 0 | 0.9 | 28.9 | -45.3 | 47.0 |
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