Aris Water Solutions Inc (NYSE: ARIS) is 71.63% higher on its value in year-to-date trading and has touched a low of $7.22 and a high of $17.91 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 ARIS stock was last observed hovering at around $14.25 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $14.40, the stock is -10.92% and -7.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.78 million and changing 1.05% at the moment leaves the stock 19.94% off its SMA200. ARIS registered 28.57% gain for a year compared to 6-month gain of 66.28%.
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The stock witnessed a -9.32% loss in the last 1 month and extending the period to 3 months gives it a -15.54%, and is -14.54% down 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 7.30% over the week and 4.76% over the month.
Aris Water Solutions Inc (ARIS) has around 251 employees, a market worth around $439.92M and $408.44M in sales. Current P/E ratio is 19.15 and Fwd P/E is 10.46. Profit margin for the company is 5.58%. Distance from 52-week low is 99.45% and -19.60% from its 52-week high. The company has generated returns on investments over the last 12 months (2.86%).
The EPS is expected to grow by 24.54% this year
The shares outstanding are 30.25M, and float is at 25.78M with Short Float at 4.33%.
Aris Water Solutions Inc (ARIS) Insider Activity
The most recent transaction is an insider sale by Brock Amanda M, the company’s President and CEO. SEC filings show that Brock Amanda M sold 30,000 shares of the company’s common stock on May 14 ’24 at a price of $16.64 per share for a total of $0.5 million. Following the sale, the insider now owns 0.46 million shares.
Aris Water Solutions Inc disclosed in a document filed with the SEC on May 13 ’24 that Brock Amanda M (President and CEO) sold a total of 62,054 shares of the company’s common stock. The trade occurred on May 13 ’24 and was made at $16.43 per share for $1.02 million. Following the transaction, the insider now directly holds 0.49 million shares of the ARIS stock.
Still, SEC filings show that on May 10 ’24, Brock Amanda M (President and CEO) disposed off 107,946 shares at an average price of $16.65 for $1.8 million. The insider now directly holds 549,963 shares of Aris Water Solutions Inc (ARIS).
