Ranger Energy Services Inc [NYSE: RNGR] plunged by -$0.17 during the normal trading session on while it closed the day at $16.50.
Ranger Energy Services Inc stock has also loss -0.42% of its value over the past 7 days. However, RNGR stock has inclined by 29.62% in the 3 months of the year. Over the past six months meanwhile, it has gained 59.27% and gained 61.29% year-on date.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for RNGR stock reached $367.05 million, with 23.40 million shares outstanding and 15.05 million shares in the current float. Compared to the average trading volume of 92.69K shares, RNGR reached a trading volume of 126210 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Ranger Energy Services Inc [RNGR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RNGR shares is $20.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RNGR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barclays have made an estimate for Ranger Energy Services Inc shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on January 10, 2023. The new note on the price target was released on January 04, 2021, representing the official price target for Ranger Energy Services Inc stock. Previously, the target price had yet another raise to $6, while B. Riley Securities analysts kept a Buy rating on RNGR stock. On April 15, 2020, analysts decreased their price target for RNGR shares from 10 to 6.
The Average True Range (ATR) for Ranger Energy Services Inc is set at 0.49, with the Price to Sales ratio for RNGR stock in the period of the last 12 months amounting to 0.63. The Price to Book ratio for the last quarter was 1.37, with the Price to Cash per share for the same quarter was set at 0.67. Price to Free Cash Flow for RNGR in the course of the last twelve months was 7.03 with Quick ratio for the last quarter at 1.91.
RNGR stock trade performance evaluation
Ranger Energy Services Inc [RNGR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.42. With this latest performance, RNGR shares gained by 29.51% in over the last four-week period, additionally plugging by 59.27% over the last 6 months – not to mention a rise of 66.33% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RNGR stock in for the last two-week period is set at 75.61, with the RSI for the last a single of trading hit 73.18, and the three-weeks RSI is set at 74.91 for Ranger Energy Services Inc [RNGR]. The present Moving Average for the last 50 days of trading for this stock 13.47, while it was recorded at 16.64 for the last single week of trading, and 11.60 for the last 200 days.
Ranger Energy Services Inc [RNGR]: An insightful look at the core fundamentals
Ranger Energy Services Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.91 and a Current Ratio set at 2.00.
Earnings per share (EPS) analysis for Ranger Energy Services Inc [RNGR] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RNGR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Ranger Energy Services Inc go to 14.90%.
Ranger Energy Services Inc [RNGR]: Institutional Ownership
There are presently around $70.16%, or 83.58%% of RNGR stock, in the hands of institutional investors. The top three institutional holders of RNGR stocks are: ENCOMPASS CAPITAL ADVISORS LLC with ownership of 1.55 million shares, which is approximately 6.8178%. BLACKROCK INC., holding 0.99 million shares of the stock with an approximate value of $$10.37 million in RNGR stocks shares; and BLACKROCK INC., currently with $$9.75 million in RNGR stock with ownership which is approximately 4.078%.
