Solaris Energy Infrastructure -

Solaris Energy Infrastructure

Dec 04, 2024Jeremy ParkinsonFinance, No picture0

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Summary

Solaris Energy Infrastructure (SEI) shows strong technical indicators with 100% buy signals, a 148.88 Weighted Alpha, and a 179.81% gain in the last year.

The company designs and manufactures specialized equipment for oil and gas operators, offering mobile proppant and fluid management systems, and last mile logistics services.

Fundamental factors include a market cap of $1.50 billion, expected revenue growth of 8.11% this year, and a 180% increase in earnings next year.

Despite strong technicals, analysts’ opinions are mixed with 2 strong buys, a Value Line average rating of 3, and CFRA’s MarketScope rating it a sell.

The Chart of the Day belongs to the oil and gas equipment company Solaris Energy Infrastructure (SEI) . I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Solaris Energy Infrastructure, Inc. designs and manufactures specialized equipment for oil and natural gas operators in the United States. The company provides mobile proppant and fluid management systems, as well as last mile logistics management services. It offers systems, mobilization, and last mile logistics services that are used to unload, store, and deliver proppant, water and/or chemicals at oil and natural gas well sites. The company is also involved in the transloading and storage of proppant or railcars at its transloading facility. In addition, it develops Railtronix, an inventory management software; and all-electric equipment that automates the low pressure section of oil and gas well completion sites. The company serves exploration and production, and oilfield services industries. Solaris Energy Infrastructure, Inc. was founded in 2014 and is headquartered in Houston, Texas. Barchart’s Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.
Barchart Technical Indicators:

100% technical buy signals

148.88 Weighted Alpha

179.81% gain in the last year

Trend Seeker buy signal

1.44 – 60 month Beta

Above its 20, 50 and 100 day moving averages

17 new highs and up 86.69% in the last month

Relative Strength Index 80.46%

Technical support level at $23.41

Recently traded at $24.12 with 50 day moving average of $16.12

Fundamental Factors:

Market Cap $1.50 billion

Revenue expected to grow 8.11% this year and another 62.52% next year

Earnings are estimated to increase by 180.00% next year

Analysts and Investor Sentiment — I don’t buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it’s hard to make money swimming against the tide:

Wall Street analyst gave 2 strong buy opinions on the stock

Analysts’ price targets are between $23 and $26

Value Line rates the stock its average rating of 3

CFRA’s MarketScope rates the stock a sell

MorningStar thinks the stock is 9% overvalued

2,920 investors monitor the stock on Seeking Alpha

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