On Monday, Energy Recovery Inc (NASDAQ: ERII) opened lower -21.81% from the last session, before settling in for the closing price of $18.75. Price fluctuations for ERII have ranged from $12.26 to $20.27 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 12.79%. Company’s average yearly earnings per share was noted 5.18% at the time writing. With a float of $56.02 million, this company’s outstanding shares have now reached $56.88 million.
Considering the fact that the conglomerate employs 269 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 66.13%, operating margin of 10.9%, and the pretax margin is 15.39%.
Energy Recovery Inc (ERII) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Pollution & Treatment Controls industry is another important factor to consider. The insider ownership of Energy Recovery Inc is 3.23%, while institutional ownership is 89.30%. The most recent insider transaction that took place on Nov 07 ’24, was worth 392,360. In this transaction SVP, Water of this company sold 19,618 shares at a rate of $20.00, taking the stock ownership to the 114,205 shares. Before that another transaction happened on Nov 11 ’24, when Company’s SVP, Water sold 4,207 for $20.06, making the entire transaction worth $84,392. This insider now owns 106,367 shares in total.
Energy Recovery Inc (ERII) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.34 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.4) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.18% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to -1.38% drop over the previous five years of trading.
Energy Recovery Inc (NASDAQ: ERII) Trading Performance Indicators
Check out the current performance indicators for Energy Recovery Inc (ERII). In the past quarter, the stock posted a quick ratio of 8.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.20. Likewise, its price to free cash flow for the trailing twelve months is 36.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.33, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 0.56 in one year’s time.
Technical Analysis of Energy Recovery Inc (ERII)
Compared to the last year’s volume of 0.42 million, its volume of 0.83 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 19.33%. Additionally, its Average True Range was 0.93.
During the past 100 days, Energy Recovery Inc’s (ERII) raw stochastic average was set at 28.13%, which indicates a significant increase from 3.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.04% in the past 14 days, which was higher than the 63.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.78, while its 200-day Moving Average is $15.49. Nevertheless, the first resistance level for the watch stands at $17.51 in the near term. At $20.36, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.88. If the price goes on to break the first support level at $13.14, it is likely to go to the next support level at $11.62. Now, if the price goes above the second support level, the third support stands at $8.77.
Energy Recovery Inc (NASDAQ: ERII) Key Stats
There are currently 57,894K shares outstanding in the company with a market cap of 837.56 million. Presently, the company’s annual sales total 128,350 K according to its annual income of 21,500 K. Last quarter, the company’s sales amounted to 38,580 K and its income totaled 8,480 K.
