Solaris Energy Infrastructure Inc (NYSE:SEI) traded at $34.98 at close of the session on Tuesday, January 24 and made an upward move of 4.05% on its previous day’s price.
Looking at the stock we see that its previous close was $33.62 and the beta (5Y monthly) reads 1.229 with the day’s price range being $34.1 – $36.52. The company has a trailing 12-month PE ratio of 79.02. In terms of its 52-week price range, SEI has a high of $35.61 and a low of $7.15. The company’s stock has gained about 30.18% over that past 30 days.
Solaris Energy Infrastructure Inc has a market cap of $2.35 billion and is expected to release its quarterly earnings report in February. With its Forward Dividend at 0.48 and a yield of 1.37%, the company’s investors could be anxious for the SEI stock to gain ahead of the earnings release.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 96.45M, with a low of 92M and a high of 100.9M. The median projection represents growth squeezing down to 52.26% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 313.35M, or 6.96% up from figures reported last year.
On the other hand, looking at the outlook for the SEI stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Looking further, we note the current price level is 15.14% off its SMA20 and 30.80% from its 50-day simple moving average. The RSI (14) is pointing at 70.21 while the volatility over the past week is 7.81% and jumps to 6.40% over the past one month. The beta value is 1.39, while the average true range (ATR) is currently pointing at 2.07.
Coming back to Solaris Energy Infrastructure Inc (NYSE:SEI), we note that the average 3-month trading volume was 697.33K, while that of the preceding 10-day period stands at 0.91 million. Current shares outstanding are 37.01 million.
The insiders hold 14.78% of the company’s shares while institutions hold 69.82%. The data shows that short shares as of 2024-12-31, stood at 2.04 million at a short ratio of 2.4. This represents a 645.00 short interest in shares outstanding on 2024-12-31. Shares short rose in December from the previous month at 1.13 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 21.54% up in year-to-date price movement.
