With 1.2% one-year returns, institutional owners may ignore Ranger Energy Services, Inc.’s (NYSE:RNGR) 17% stock price decline
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Significantly high institutional ownership implies Ranger Energy Services’ stock price is sensitive to their trading actions
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51% of the business is held by the top 10 shareholders
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Past performance of a company along with ownership data serve to give a strong idea about prospects for a business
To get a sense of who is truly in control of Ranger Energy Services, Inc. (NYSE:RNGR), it is important to understand the ownership structure of the business. We can see that institutions own the lion’s share in the company…