Solaris Energy Infrastructure Inc (NYSE:SEI) shares, rose in value on Thursday, May 08, with the stock price up by 3.58% to the previous day’s close as strong demand from buyers drove the stock to $22.58.
Actively observing the price movement in the last trading, the stock closed the session at $21.80. The PE ratio was 45.68 over 12-month period. Referring to stock’s 52-week performance, its high was $39.03, and the low was $8.09. On the whole, SEI has fluctuated by 35.62% over the past month.
With the market capitalization of Solaris Energy Infrastructure Inc currently standing at about $1.53 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.48, with its dividend yield at 2.13%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 506.63M, with a low estimate of 119.24M and a high estimate of 125.8M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 122.68M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SEI’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 0.33, with the price of SEI currently trading nearly 12.41% and 2.15% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.05, while the 7-day volatility ratio is showing 5.36% which for the 30-day chart, stands at 9.26%. Furthermore, Solaris Energy Infrastructure Inc (SEI)’s beta value is 1.03, and its average true range (ATR) is 1.88.
A comparison of Solaris Energy Infrastructure Inc (SEI) with its peers suggests the former has fared considerably weaker in the market. SEI showed an intraday change of 3.58% in last session, and over the past year, it grew by 150.61%%.
Data on historical trading for Solaris Energy Infrastructure Inc (NYSE:SEI) indicates that the trading volumes over the past 3 months, they’ve averaged 1.67 million. According to company’s latest data on outstanding shares, there are 38.44 million shares outstanding.
Nearly 33.61% of Solaris Energy Infrastructure Inc’s shares belong to company insiders and institutional investors own 93.73% of the company’s shares. The stock has fallen by -21.54% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SEI stock heading into the next quarter.
