Solaris Energy Infrastructure (NASDAQ:SEI) Trading 8.1% Higher – What’s Next?

Solaris Energy Infrastructure, Inc. (NASDAQ:SEI)’s stock price rose 8.1% during trading on Tuesday . The company traded as high as $30.50 and last traded at $30.44. Approximately 397,898 shares traded hands during trading, a decline of 56% from the average daily volume of 907,764 shares. The stock had previously closed at $28.16.

Analyst Ratings Changes

SEI has been the topic of a number of research analyst reports. Piper Sandler initiated coverage on shares of Solaris Energy Infrastructure in a report on Thursday. They set an “overweight” rating and a $37.00 price objective on the stock. Stifel Nicolaus raised their price objective on shares of Solaris Energy Infrastructure from $30.00 to $42.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Tudor, Pickering, Holt & Co. initiated coverage on shares of Solaris Energy Infrastructure in a report on Wednesday, January 22nd. They set a “buy” rating and a $41.00 price objective on the stock. Pickering Energy Partners upgraded shares of Solaris Energy Infrastructure from a “neutral” rating to an “outperform” rating in a report on Wednesday, November 6th. Finally, Tudor Pickering upgraded shares of Solaris Energy Infrastructure to a “strong-buy” rating in a report on Wednesday, January 22nd. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $40.00.

Solaris Energy Infrastructure Trading Down 2.5 %

The firm has a 50 day moving average price of $28.80. The company has a debt-to-equity ratio of 0.77, a quick ratio of 3.40 and a current ratio of 3.61. The company has a market cap of $1.96 billion, a P/E ratio of 66.53 and a beta of 1.35.

About Solaris Energy Infrastructure

Solaris Energy Infrastructure, Inc is a holding company, which engages in the manufacture of patented mobile proppant management systems that unload, store, and deliver proppant to oil and natural gas well sites. Its products include Mobile Proppant and Mobile Chemical Management Systems, and Inventory Management Software.