Solaris Oilfield Infrastructure Inc (NYSE: SOI) is 48.24% higher on its value in year-to-date trading and has touched a low of $6.59 and a high of $11.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SOI stock was last observed hovering at around $11.36 in the last trading session, with the day’s gains setting it 0.44%.
Currently trading at $11.80, the stock is 38.15% and 34.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing 3.87% at the moment leaves the stock 36.85% off its SMA200. SOI registered 32.14% gain for a year compared to 6-month gain of 59.46%.
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The stock witnessed a 38.82% loss in the last 1 month and extending the period to 3 months gives it a 31.70%, and is 35.94% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.06% over the week and 4.14% over the month.
Solaris Oilfield Infrastructure Inc (SOI) has around 338 employees, a market worth around $358.13M and $278.12M in sales. Current P/E ratio is 17.23 and Fwd P/E is 14.63. Profit margin for the company is 7.17%. Distance from 52-week low is 79.06% and 3.55% from its 52-week high. The company has generated returns on investments over the last 12 months (8.20%).
The EPS is expected to shrink by -28.44% this year
The shares outstanding are 28.97M, and float is at 24.85M with Short Float at 3.85%.
Solaris Oilfield Infrastructure Inc (SOI) Insider Activity
The most recent transaction is an insider sale by Powell Christopher M, the company’s CHIEF LEGAL OFFICER. SEC filings show that Powell Christopher M sold 17,500 shares of the company’s common stock on Mar 15 ’24 at a price of $8.50 per share for a total of $0.15 million. Following the sale, the insider now owns 0.13 million shares.
Solaris Oilfield Infrastructure Inc disclosed in a document filed with the SEC on Dec 08 ’23 that THRC Holdings, LP (10% Owner) sold a total of 40,000 shares of the company’s common stock. The trade occurred on Dec 08 ’23 and was made at $8.12 per share for $0.32 million. Following the transaction, the insider now directly holds 3.18 million shares of the SOI stock.
Still, SEC filings show that on Aug 28 ’23, BURKE JAMES R (Director) disposed off 11,236 shares at an average price of $10.39 for $0.12 million. The insider now directly holds 11,905 shares of Solaris Oilfield Infrastructure Inc (SOI).
