Solaris Energy Infrastructure Inc (NYSE:SEI) Is 73.53% Above Its 52-Week Low, But How Long Can It Continue?

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In last trading session, Solaris Energy Infrastructure Inc (NYSE:SEI) saw 0.38 million shares changing hands with its beta currently measuring 1.43. Company’s recent per share price level of $24.90 trading at $0.43 or 1.76% at ring of the bell on the day assigns it a market valuation of $1.51B. That closing price of SEI’s stock is at a premium of 1.04% from its 52-week high price of $24.64 and is indicating a premium of 73.53% from its 52-week low price of $6.59. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.64 million shares which gives us an average trading volume of 394.22K if we extend that period to 3-months.

Solaris Energy Infrastructure Inc (NYSE:SEI) trade information

Upright in the green during last session for gaining 1.76%, in the last five days SEI remained trading in the green while hitting it’s week-highest on Friday, 11/29/24 when the stock touched $24.90 price level, subtracting -0.44% to its value on the day. Solaris Energy Infrastructure Inc’s shares saw a change of 212.81% in year-to-date performance and have moved 14.48% in past 5-day. Solaris Energy Infrastructure Inc (NYSE:SEI) showed a performance of 88.21% in past 30-days. Number of shares sold short was 1.09 million shares which calculate 2.63 days to cover the short interests.

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Solaris Energy Infrastructure Inc (SEI) estimates and forecasts

Statistics highlight that Solaris Energy Infrastructure Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 171.83% of value to its shares in past 6 months, showing an annual growth rate of -55.13% while that of industry is 0.90. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 8.11% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 99.9M for the same. And 1 analysts are in estimates of company making revenue of 110.6M in the next quarter. Company posted 63.35M and 67.89M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -13.33% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -36.66% while estimates for its earnings growth in next 5 years are of -10.66%.

SEI Dividends

Solaris Energy Infrastructure Inc is more likely to be releasing its next quarterly report in December and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.93%, the share has a forward dividend of 0.48 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 4.75%.

On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 936.94 shares of worth $23.1 million or 3.08% of the total outstanding shares. The later fund manager was in possession of 714.59 shares on Aug 31, 2024 , making its stake of worth around $17.61 million in the company or a holder of 2.35% of company’s stock.