NEW YORK (
) is trading at unusually high volume Tuesday with 4.9 million shares changing hands. It is currently at 5.5 times its average daily volume and trading down 8 cents (-2.6%) at $3.05 as of 1:40 p.m. ET.
RAM Energy has a market cap of $246.7 million and is part of the
industry. Shares are up 70.1% year to date as of the close of trading on Friday.
RAM Energy Resources, Inc., an independent oil and natural gas company, engages in the acquisition, development, exploitation, exploration, and production of oil and natural gas properties primarily in Texas, Louisiana, Oklahoma, New Mexico, and West Virginia. The company has a P/E ratio of 39.1, below the average energy industry P/E ratio of 44.7 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates RAM Energy as a
. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management and generally disappointing historical performance in the stock itself. You can view the full
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