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Are Investors Undervaluing Ring Energy (REI) Right Now?
REIRing Energy(REI) ZACKS·2024-07-23 14:45

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. One company to watch right now is Ring Energy (REI) . REI is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 3.60 right now. For comparison, its industry sport ...