Aris Water Solutions Inc (ARIS) Moves -2.71% Lower: These Numbers are Too Good to be True

As on Wednesday, Aris Water Solutions Inc (NYSE: ARIS) started slowly as it slid -2.71% to $14.74, before settling in for the price of $15.15 at the close. Taking a more long-term approach, ARIS posted a 52-week range of $6.69-$15.31.

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In the past 5-years timespan, the Utilities sector firm’s annual sales growth was 35.05%. Meanwhile, its Annual Earning per share during the time was -2.11%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 17.50%. This publicly-traded company’s shares outstanding now amounts to $30.25 million, simultaneously with a float of $24.53 million. The organization now has a market capitalization sitting at $445.88 million. At the time of writing, stock’s 50-day Moving Average stood at $11.62, while the 200-day Moving Average is $10.00.

Aris Water Solutions Inc (ARIS) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Utilities – Regulated Water industry. Aris Water Solutions Inc’s current insider ownership accounts for 18.90%, in contrast to 82.50% institutional ownership. According to the most recent insider trade that took place on Dec 13 ’23, this organization’s Director bought 2,756 shares at the rate of 7.42, making the entire transaction reach 20,450 in total value, affecting insider ownership by 21,072.

Aris Water Solutions Inc (ARIS) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.26 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.22) by $0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.

Aris Water Solutions Inc’s EPS increase for this current 12-month fiscal period is 17.50% and is forecasted to reach 1.27 in the upcoming year.

Aris Water Solutions Inc (NYSE: ARIS) Trading Performance Indicators

Let’s observe the current performance indicators for Aris Water Solutions Inc (ARIS). It’s Quick Ratio in the last reported quarter now stands at 1.12. The Stock has managed to achieve an average true range (ATR) of 0.66. Alongside those numbers, its PE Ratio stands at $24.99, and its Beta score is 1.66. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.14. Similarly, its price to free cash flow for trailing twelve months is now 31.53.

In the same vein, ARIS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.59, a figure that is expected to reach 0.23 in the next quarter, and analysts are predicting that it will be 1.27 at the market close of one year from today.

Technical Analysis of Aris Water Solutions Inc (ARIS)

Through scrutinizing the latest numbers posted by the [Aris Water Solutions Inc, ARIS], it can be observed that its last 5-days Average volume of 0.44 million was better the volume of 0.28 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 88.25% While, its Average True Range was 0.74.

Raw Stochastic average of Aris Water Solutions Inc (ARIS) in the period of the previous 100 days is set at 92.95%, which indicates a major rise in contrast to 80.14% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 27.05% that was lower than 50.32% volatility it exhibited in the past 100-days period.