Solaris Oilfield Infrastructure Inc (NYSE:SOI) does about 415.25K shares in volume on a normal day but saw 317840 shares change hands in the recent trading day. The company now has a market cap of 384.58M USD. Its current market price is $12.68, marking no change compared to the previous close of $12.68. The 52 week high reached by this stock is $13.56 whilst the lowest price level in 52 weeks is $6.59.
Solaris Oilfield Infrastructure Inc (SOI) has a 20-day trading average at $11.93 and the current price is -6.49% off the 52-week high compared with 92.41% distance from its 52-week low. The 50-day simple moving average of the closing price is $11.31 and its 200-day simple moving average is $9.07. If we look at the stock’s price movements over the week, volatility stands at 2.73%, which increases to 3.40% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 61.07 to suggest the stock is neutral.
The consensus objective for the share price is $13.50, suggesting that the stock has a potential upside of 6.07% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 23, 2022 when Cowen reiterated the stock to “Market Perform” and issued a price target of between $11 and $10. Cowen downgraded the stock to “Market Perform” from Outperform on April 09, 2021 at a price target of $14-$12. Cowen reiterated its price target at $12-$14.
The current price level is 6.63%, 13.05%, and 40.14% away from its SMA20, SMA50, and SMA200 respectively, with the SOI price moving below the 50-day SMA on current market day. Solaris Oilfield Infrastructure Inc (SOI) stock is up 3.68% over the week and 0.32% over the past month. Its price is 59.30% year-to-date and 21.92% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 6.07 percent from here.
The company has a return on investment of 8.59% and return on equity of 9.15%. The price to earnings ratio (P/E ratio) amounts to 19.57 while the forward price to earnings ratio is 20.73. The beta has a value of 1.23. Price to book ratio is 1.88 and price to sales ratio is 1.40.
