Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Solaris Energy Infrastructure Inc (NYSE: SEI) was $28.57 for the day, down -1.89% from the previous closing price of $29.12. In other words, the price has decreased by -$1.89 from its previous closing price. On the day, 0.67 million shares were traded. SEI stock price reached its highest trading level at $29.15 during the session, while it also had its lowest trading level at $27.84.
Ratios:
Our analysis of SEI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2367.51. For the most recent quarter (mrq), Quick Ratio is recorded 3.40 and its Current Ratio is at 3.61. In the meantime, Its Debt-to-Equity ratio is 1.50 whereas as Long-Term Debt/Eq ratio is at 1.46.
On February 23, 2022, Cowen reiterated its Market Perform rating and also upped its target price recommendation from $11 to $10.
Cowen Downgraded its Outperform to Market Perform on April 09, 2021, whereas the target price for the stock was revised from $14 to $12.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 07 ’24 when BURKE JAMES R sold 8,000 shares for $16.72 per share. The transaction valued at 133,760 led to the insider holds 16,277 shares of the business.
Walker Ray N JR sold 20,511 shares of SEI for $338,432 on Nov 07 ’24. The Director now owns 56,905 shares after completing the transaction at $16.50 per share. On Mar 15 ’24, another insider, Powell Christopher M, who serves as the CHIEF LEGAL OFFICER of the company, sold 17,500 shares for $8.50 each. As a result, the insider received 148,750 and left with 130,202 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SEI now has a Market Capitalization of 1447993344 and an Enterprise Value of 1456992512. As of this moment, Solaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 64.54, and their Forward P/E ratio for the next fiscal year is 27.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.85 while its Price-to-Book (P/B) ratio in mrq is 3.92. Its current Enterprise Value per Revenue stands at 5.201 whereas that against EBITDA is 19.396.
Stock Price History:
Over the past 52 weeks, SEI has reached a high of $32.61, while it has fallen to a 52-week low of $6.59. The 50-Day Moving Average of the stock is 49.74%, while the 200-Day Moving Average is calculated to be 129.78%.
Shares Statistics:
SEI traded an average of 527.99K shares per day over the past three months and 1133100 shares per day over the past ten days. A total of 30.45M shares are outstanding, with a floating share count of 30.36M. Insiders hold about 17.97% of the company’s shares, while institutions hold 70.75% stake in the company. Shares short for SEI as of 1732838400 were 1127577 with a Short Ratio of 2.14, compared to 1730332800 on 607584. Therefore, it implies a Short% of Shares Outstanding of 1127577 and a Short% of Float of 4.5.
Dividends & Splits
With its trailing 12-month dividend rate of 0.48, SEI has a forward annual dividend rate of 0.48. Against a Trailing Annual Dividend Yield of 0.016483516The stock’s 5-year Average Dividend Yield is 4.72.