A licensed gemologist should be able to ID the stone for you. Ask at a better jewelry store, the family-owned rather than a chain. Alternately, try an antiques dealer who does a lot of jewelry. I could only start listing stones that come in that colour, starting with jasper, agate, and jade.

Unfortunately I can't offer up any sort of translation, but a few of the signs look similar to those often used in modern versions of the Ancient Egyptian "alphabet".

You see, the Ancient Egyptians themselves did NOT have an alphabet. (You'd have to look to the Phonecians, Greeks and Romans for something that comes closer to our modern system) The hieroglyphs you see listed as an alphabet are commonly used signs which are the phonetic equivalents of letters in our alphabet. The half circle "t", based on a round loaf of baked bread for example, can be seen here in Tutankhamon's cartouche. But the written form of the Ancient Egyptian language used hundreds of symbols, and evolved over the course of nearly 3000 years. There were also differences between the official, carved inscriptions you see on temple and tomb walls, and the more hastily written hieratic, later demotic, frequently used for papyrus documents (often likened to modern cursive).

But for some years it has been common practice to spell out people's names using this "alphabet", especially for children's activities, or yes, jewelry.

The hieroglyphs in your ring may have been chosen at random, with no particular meaning or they may be the initials or name of someone in your family. Sorry I can't offer anymore info.

For anyone who would like to know more, check out, How to Read Egyptian Hieroglyphs by Mark Collier and Bill Manley, or Hieroglyphs Without Mystery by Karl-Theodor Zauzich , which explain the Egyptian writing system with far more elegance and in greater detail than I can do here, and which were my sources for most of the information in this post.

Awesome thank you guys, I'll do some digging