On Monday, Solaris Energy Infrastructure Inc (NYSE: SEI) opened higher 4.66% from the last session, before settling in for the closing price of $17.15. Price fluctuations for SEI have ranged from $6.59 to $17.19 over the past 52 weeks.
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Annual sales at Energy sector company grew by 22.46% over the past five years. Company’s average yearly earnings per share was noted -22.03% at the time writing. With a float of $24.83 million, this company’s outstanding shares have now reached $28.97 million.
Let’s look at the performance matrix of the company that is accounted for 338 employees.
Solaris Energy Infrastructure Inc (SEI) Insider Updates
A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of Solaris Energy Infrastructure Inc is 18.13%, while institutional ownership is 79.42%. The most recent insider transaction that took place on Mar 15 ’24, was worth 148,750. In this transaction CHIEF LEGAL OFFICER of this company sold 17,500 shares at a rate of $8.50, taking the stock ownership to the 130,202 shares. Before that another transaction happened on Dec 08 ’23, when Company’s 10% Owner sold 40,000 for $8.12, making the entire transaction worth $324,800. This insider now owns 3,178,875 shares in total.
Solaris Energy Infrastructure Inc (SEI) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.15 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.17) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -22.03% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -10.66% during the next five years compared to -13.33% drop over the previous five years of trading.
Solaris Energy Infrastructure Inc (NYSE: SEI) Trading Performance Indicators
Check out the current performance indicators for Solaris Energy Infrastructure Inc (SEI). In the past quarter, the stock posted a quick ratio of 3.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.03. Likewise, its price to free cash flow for the trailing twelve months is 1392.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.44, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 1.06 in one year’s time.
Technical Analysis of Solaris Energy Infrastructure Inc (SEI)
Solaris Energy Infrastructure Inc (NYSE: SEI) saw its 5-day average volume 0.86 million, a positive change from its year-to-date volume of 0.38 million. As of the previous 9 days, the stock’s Stochastic %D was 96.31%. Additionally, its Average True Range was 0.73.
During the past 100 days, Solaris Energy Infrastructure Inc’s (SEI) raw stochastic average was set at 99.80%, which indicates a significant increase from 99.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.46% in the past 14 days, which was higher than the 68.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.31, while its 200-day Moving Average is $10.39. Nevertheless, the first resistance level for the watch stands at $18.21 in the near term. At $18.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.98. If the price goes on to break the first support level at $17.44, it is likely to go to the next support level at $16.94. Assuming the price breaks the second support level, the third support level stands at $16.67.
Solaris Energy Infrastructure Inc (NYSE: SEI) Key Stats
There are currently 44,003K shares outstanding in the company with a market cap of 1.13 billion. Presently, the company’s annual sales total 292,950 K according to its annual income of 24,340 K. Last quarter, the company’s sales amounted to 73,890 K and its income totaled 6,210 K.
