According to Zacks, “Ranger Energy Services Inc. is a provider of well service rigs and services primarily in the United States. It focuses on unconventional horizontal well completion and production operations. Ranger Energy Services Inc. is based in HOUSTON, United States. “
Shares of Ranger Energy Services stock opened at $2.62 on Wednesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.95 and a quick ratio of 0.88. The company has a 50-day moving average of $2.66 and a 200 day moving average of $3.07. The firm has a market cap of $40.19 million, a price-to-earnings ratio of -5.24 and a beta of 2.06. Ranger Energy Services has a 1 year low of $2.27 and a 1 year high of $7.99.
An institutional investor recently raised its position in Ranger Energy Services stock. Bridgeway Capital Management Inc. raised its position in shares of Ranger Energy Services, Inc. (NYSE:RNGR) by 10.1% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 108,900 shares of the company’s stock after purchasing an additional 10,000 shares during the quarter. Bridgeway Capital Management Inc. owned 0.71% of Ranger Energy Services worth $321,000 at the end of the most recent quarter. 26.13% of the stock is owned by institutional investors and hedge funds.
Ranger Energy Services Company Profile
Ranger Energy Services, Inc provides onshore high specification well service rigs, wireline completion services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Completion and Other Services, and Processing Solutions.
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