Stock Trickling Downward Pre-Bell, Potential Trouble Looking For Ring Energy, Inc. (:REI)

Ring Energy, Inc. (:REI) is moving lower ahead of the market open as the stock is gapping down -6.39%.  A recent bid puts the equity at $12.70.

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HISTORICAL GROWTH

Ring Energy, Inc. (:REI)’s performance this year to date is 3.62%.  The stock has performed 2.44% over the last seven days, 14.07% over the last thirty, and 10.42% over the last three months.  Over the last six months, Ring Energy, Inc.’s stock has been 1.36% and 64.95% for the year.

SMA Watch
 Ring Energy, Inc.’s 20-Day Simple Moving Average is 1.32%.  Extending back, their 50-Day Simple Moving Average is -0.89%, looking even further back, their 200-Day Simple Moving Average stands at 4.99%.  

Disclaimer: Nothing contained in this publication is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.

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