Solaris Energy Infrastructure (NASDAQ:SEI) Trading Up 6.6% - Here's What Happened

Solaris Energy Infrastructure, Inc. (NASDAQ:SEI - Get Free Report) rose 6.6% on Monday . The company traded as high as $27.72 and last traded at $27.67. Approximately 192,121 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 966,156 shares. The stock had previously closed at $25.95.

Wall Street Analyst Weigh In

SEI has been the topic of a number of analyst reports. Tudor, Pickering, Holt & Co. initiated coverage on shares of Solaris Energy Infrastructure in a research note on Wednesday, January 22nd. They issued a "buy" rating and a $41.00 target price on the stock. Pickering Energy Partners raised shares of Solaris Energy Infrastructure from a "neutral" rating to an "outperform" rating in a research note on Wednesday, November 6th. Tudor Pickering raised shares of Solaris Energy Infrastructure to a "strong-buy" rating in a research note on Wednesday, January 22nd. Finally, Stifel Nicolaus upped their price objective on shares of Solaris Energy Infrastructure from $30.00 to $42.00 and gave the stock a "buy" rating in a research note on Friday, January 24th.

Solaris Energy Infrastructure Price Performance

The company has a quick ratio of 3.40, a current ratio of 3.61 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $1.89 billion, a PE ratio of 64.07 and a beta of 1.35. The business has a 50 day moving average price of $28.73.

Solaris Energy Infrastructure Company Profile

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.