Solaris Energy Infrastructure, Inc. (NASDAQ:SEI – Get Free Report) Director Laurie H. Argo bought 4,000 shares of the business’s stock in a transaction on Tuesday, March 11th. The stock was bought at an average price of $22.43 per share, with a total value of $89,720.00. Following the transaction, the director now owns 46,064 shares in the company, valued at approximately $1,033,215.52. This represents a 9.51 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Solaris Energy Infrastructure Trading Down 8.8 %
NASDAQ:SEI opened at $23.01 on Friday. Solaris Energy Infrastructure, Inc. has a 1 year low of $8.09 and a 1 year high of $39.03. The firm has a fifty day moving average price of $28.94. 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 firm has a market cap of $1.54 billion, a price-to-earnings ratio of 52.30 and a beta of 1.32.
Solaris Energy Infrastructure Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 11th will be paid a $0.12 dividend. The ex-dividend date is Tuesday, March 11th. This represents a $0.48 dividend on an annualized basis and a yield of 2.09%. Solaris Energy Infrastructure’s payout ratio is presently 97.96%.
Analyst Ratings Changes
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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.
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