Solaris Energy Infrastructure Inc (NYSE:SEI) price closed lower on Monday, March 17, and dropping -16.86% below its previous close.
A look at the daily price movement shows that the last close reads $24.61, with intraday deals fluctuated between $19.905 and $24.795. The company’s 5Y monthly beta was ticking 1.33 while its P/E ratio in the trailing 12-month period read 41.28. Taking into account the 52-week price action we note that the stock hit a 52-week high of $39.03 and 52-week low of $8.09. The stock subtracted -24.97% on its value in the past month.
Solaris Energy Infrastructure Inc, which has a market valuation of $1.37 billion, is expected to release its quarterly earnings report on 2025-Feb-20. The company stock has a Forward Dividend ratio of 0.48, while the dividend yield is 2.35%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
On average, analysts have forecast the company’s revenue for the quarter will hit 119.6M, with the likely lows of 117M and highs of 122.2M. The average estimate suggests sales growth for the quarter will likely rise by 76.17% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of 516.33M for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow 64.91% above that which the company brought in the current year earning report.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give SEI a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as Hold.
The overview shows that SEI’s price is at present -27.66% off the SMA20 and -28.57% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 36.95, with weekly volatility standing at 13.56%. The indicator jumps to 11.31% when calculated based on the past 30 days. Solaris Energy Infrastructure Inc (NYSE:SEI)’s beta value is holding at 1.08, while the average true range (ATR) indicator is currently reading 3.11.
An analysis of the Solaris Energy Infrastructure Inc (NYSE:SEI) stock in terms of its daily trading volume indicates that the 3-month average is 1.14 million. However, this figure increases on the past 10-day timeline to an average of 2.52 million.
Current records show that the company has 38.01M in outstanding shares. The insiders’ percentage holdings are 33.61% of outstanding shares while the percentage share held by institutions stands at 92.64%. The stats also highlight that short interest as of 2025-02-28, stood at 3.08 million shares, which puts the short ratio at the time at 2.76. From this we can glean that short interest is 944.00 of company’s current outstanding shares. Notably, we see that shares short in February rose slightly given the previous month’s figure stood at 2.27 million. But the -28.91% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
