Ring Energy Inc’s recent filing unveils that its 10% Owner Warburg Pincus (E&P) XII LLC unloaded Company’s shares for reported $0.41 million on Jun 03 ’25. In the deal valued at $0.79 per share,521,232 shares were sold. As a result of this transaction, Warburg Pincus (E&P) XII LLC now holds 25,201,894 shares worth roughly $19.41 million.
Then, Warburg Pincus (E&P) XII LLC sold 495,278 shares, generating $376,411 in total proceeds. Upon selling the shares at $0.76, the 10% Owner now owns 25,723,126 shares.
Before that, Warburg Pincus (E&P) XII LLC sold 321,289 shares. Ring Energy Inc shares valued at $244,180 were divested by the 10% Owner at a price of $0.76 per share. As a result of the transaction, Warburg Pincus (E&P) XII LLC now holds 24,880,605 shares, worth roughly $19.16 million.
ROTH Capital downgraded its Ring Energy Inc [REI] rating to a Neutral from a a Buy in a research note published on August 01, 2022; the price target was increased to $7.50 from $4.90. A number of analysts have revised their coverage, including ROTH Capital’s analysts, who increased its forecast for the stock in mid October from “a Neutral” to “a Buy”. Alliance Global Partners revised its rating on March 18, 2020. It rated REI as “a Neutral” which previously was an “a Buy”.
Price Performance Review of REI
On Friday, Ring Energy Inc [AMEX:REI] saw its stock jump 4.62% to $0.77. Over the last five days, the stock has gained 4.69%. Ring Energy Inc shares have fallen nearly -43.22% since the year began. Nevertheless, the stocks have fallen -53.76% over the past one year. While a 52-week high of $2.06 was reached on 01/10/25, a 52-week low of $0.72 was recorded on 05/30/25. SMA at 50 days reached $0.8778, while 200 days put it at $1.3233.
Levels Of Support And Resistance For REI Stock
The 24-hour chart illustrates a support level at 0.7544, which if violated will result in even more drops to 0.7367. On the upside, there is a resistance level at 0.7835. A further resistance level may holdings at 0.7949. The Relative Strength Index (RSI) on the 14-day chart is 43.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0102, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.45%. Stochastics %K at 28.18% indicates the stock is a holding.
