Ranger Energy Services, Inc. (NYSE:RNGR – Get Free Report) Director Brett T. Agee sold 30,000 shares of Ranger Energy Services stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $14.61, for a total transaction of $438,300.00. Following the completion of the sale, the director now owns 1,803,539 shares of the company’s stock, valued at $26,349,704.79. This represents a 1.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Ranger Energy Services Trading Up 2.0 %
Shares of NYSE RNGR opened at $14.23 on Friday. The firm has a 50 day moving average of $16.61 and a 200 day moving average of $14.80. The firm has a market capitalization of $316.52 million, a price-to-earnings ratio of 21.56 and a beta of 0.56. Ranger Energy Services, Inc. has a 12-month low of $9.27 and a 12-month high of $18.45.
Ranger Energy Services Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 1.69%. This is a positive change from Ranger Energy Services’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Friday, March 14th. Ranger Energy Services’s payout ratio is 29.27%.
Institutional Trading of Ranger Energy Services
Ranger Energy Services Company Profile
Ranger Energy Services, Inc provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services.
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