Solaris Energy Infrastructure Inc (NYSE:SEI) price on Thursday, March 20, fall -7.24% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $22.54.
A look at the stock’s price movement, the close in the last trading session was $24.30, moving within a range at $22.38 and $24.27. The beta value (5-Year monthly) was 1.33 while the PE ratio in trailing twelve months stood at 45.48. Turning to its 52-week performance, $39.03 and $8.09 were the 52-week high and 52-week low respectively. Overall, SEI moved -24.92% over the past month.
Solaris Energy Infrastructure Inc’s market cap currently stands at around $1.51 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-20. The company has a Forward Dividend ratio of 0.48, with its dividend yield at 2.13%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 119.6M for the company’s revenue for the quarter, with a low and high estimate of 117M and 122.2M respectively. The average forecast suggests up to a 76.17% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 516.33M, representing a 64.91% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SEI is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
SEI’s current price about -17.41% and -20.16% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 42.57, while 7-day volatility ratio is 14.34% and 12.40% in the 30-day chart. Further, Solaris Energy Infrastructure Inc (SEI) has a beta value of 1.08, and an average true range (ATR) of 3.02.
If we refocus on Solaris Energy Infrastructure Inc (NYSE:SEI), historical trading data shows that trading volumes averaged 2.67 over the past 10 days and 1.32 million over the past 3 months. The company’s latest data on shares outstanding shows there are 38.01 million shares.
The 33.61% of Solaris Energy Infrastructure Inc’s shares are in the hands of company insiders while institutional holders own 92.64% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.08 million on 2025-02-28, giving us a short ratio of 2.76. The data shows that as of 2025-02-28 short interest in Solaris Energy Infrastructure Inc (SEI) stood at 943.99996 of shares outstanding, with shares short rising to 2.27 million registered in 2025-01-31. Current price change has pushed the stock -21.68% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SEI stock continues to rise going into the next quarter.
