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In the latest session, Energy Recovery Inc (NASDAQ: ERII) closed at $14.66 down -21.81% from its previous closing price of $18.75. In other words, the price has decreased by -$21.81 from its previous closing price. On the day, 3.04 million shares were traded. ERII stock price reached its highest trading level at $18.84 during the session, while it also had its lowest trading level at $14.48.
Ratios:
For a deeper understanding of Energy Recovery Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.78. For the most recent quarter (mrq), Quick Ratio is recorded 8.29 and its Current Ratio is at 10.06. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
On November 17, 2022, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $28.
Raymond James Upgraded its Mkt Perform to Outperform on November 08, 2022, while the target price for the stock was maintained at $23.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 07 ’24 when Clemente Rodney sold 19,618 shares for $20.00 per share. The transaction valued at 392,360 led to the insider holds 114,205 shares of the business.
Clemente Rodney sold 4,207 shares of ERII for $84,392 on Nov 11 ’24. The SVP, Water now owns 106,367 shares after completing the transaction at $20.06 per share. On Nov 08 ’24, another insider, Clemente Rodney, who serves as the SVP, Water of the company, sold 3,631 shares for $20.15 each. As a result, the insider received 73,176 and left with 110,574 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, ERII now has a Market Capitalization of 848724544 and an Enterprise Value of 978710592. As of this moment, Energy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.01, and their Forward P/E ratio for the next fiscal year is 26.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.20 while its Price-to-Book (P/B) ratio in mrq is 3.63. Its current Enterprise Value per Revenue stands at 7.246 whereas that against EBITDA is 52.059.
Stock Price History:
Over the past 52 weeks, ERII has reached a high of $20.27, while it has fallen to a 52-week low of $12.26. The 50-Day Moving Average of the stock is -17.55%, while the 200-Day Moving Average is calculated to be -5.38%.
Shares Statistics:
For the past three months, ERII has traded an average of 348.60K shares per day and 363010 over the past ten days. A total of 56.88M shares are outstanding, with a floating share count of 56.02M. Insiders hold about 3.23% of the company’s shares, while institutions hold 89.30% stake in the company. Shares short for ERII as of 1730332800 were 2198335 with a Short Ratio of 6.31, compared to 1727654400 on 2303748. Therefore, it implies a Short% of Shares Outstanding of 2198335 and a Short% of Float of 3.8900003.
