Director Cashes In on Ranger Energy Services Stock
Director Brett T. Agee sold 14,014 shares of Ranger Energy Services for $203,343. Spark's AI Analyst rates RNGR as Outperform, citing strong financials and profitability. The earnings call highlighted positive strategic initiatives, though challenges like margin pressures and macroeconomic uncertainties exist. Year-to-date, RNGR's price performance is down 5.83%, with a market cap of $308.9M and an average trading volume of 181,592. Technical sentiment indicates a Strong Buy.
Director Brett T. Agee has recently sold 14,014 shares of Ranger Energy Services stock, amounting to a total transaction value of $203,343.
Spark’s Take on RNGR Stock
According to Spark, TipRanks’ AI Analyst, RNGR is a Outperform.
Ranger Energy Services demonstrates a strong financial position with consistent profitability and robust cash flows, which are the most significant factors in its overall score. The earnings call provided positive insights into the company’s strategic initiatives and financial performance, further boosting confidence. Technical analysis suggests a neutral to slightly positive outlook, while valuation metrics indicate reasonable pricing. However, challenges such as margin pressures and macroeconomic uncertainties slightly temper the overall score.
To see Spark’s full report on RNGR stock, click here.
More about Ranger Energy Services
YTD Price Performance: -5.83%
Average Trading Volume: 181,592
Technical Sentiment Signal: Strong Buy
Current Market Cap: $308.9M
