The trading price of Solaris Energy Infrastructure Inc (NYSE:SEI) closed lower on Monday, May 05, and closing at $22.42, -4.11% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 45.36. In examining the 52-week price action we see that the stock hit a 52-week high of $39.03 and a 52-week low of $8.09. Over the past month, the stock has gained 21.91% in value.
Solaris Energy Infrastructure Inc, whose market valuation is $1.52 billion at the time of this writing, is expected to release its quarterly earnings report in June. The dividend yield on the company stock is 2.14%, while its Forward Dividend ratio is 0.48. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest SEI has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently Hold.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 0.33, which symbolizes a positive outlook. A quick review shows that SEI’s price is currently 15.52% off the SMA20 and -1.48% off the SMA50. The RSI metric on the 14-day chart is currently showing 55.81, and weekly volatility stands at 9.07%. When measured over the past 30 days, the indicator reaches 11.37%. Solaris Energy Infrastructure Inc (NYSE:SEI)’s beta value is currently sitting at 1.03, while the Average True Range indicator is currently displaying 2.08. With analysts defining $37-$37 as the low and high price targets, we arrive at a consensus price target of $37 for the trailing 12-month period. The current price is about -65.03% off the estimated low and -65.03% off the forecast high, based on this estimate. Investors will be thrilled if SEI’s share price rises to $37, which is the median consensus price. At that level, SEI’s share price would be -65.03% below current price.
To see how Solaris Energy Infrastructure Inc stock has been performing in comparison to its peers in the industry, here are the numbers: SEI stock’s performance was -4.11% in the latest trading, and 152.76% in the past year. Solaris Energy Infrastructure Inc has a P/E ratio of 45.36.
An evaluation of the daily trading volume of Solaris Energy Infrastructure Inc (NYSE:SEI) indicates that the 3-month average is 1.64 million.
Currently, records show that 38.44 million of the company’s shares remain outstanding. The insiders hold 33.61% of outstanding shares, whereasinstitutions hold 93.42%. However, since the stock’s price has seen -22.10% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
