For the readers interested in the stock health of Energy Recovery Inc. (ERII). It is currently valued at $17.81. When the transactions were called off in the previous session, Stock hit the highs of $20.5598, after setting-off with the price of $20.54. Company’s stock value dipped to $17.51 during the trading on the day. When the trading was stopped its value was $20.65.
Recently in News on May 6, 2021, Energy Recovery Sets Product Revenue Record in the First Quarter. Energy Recovery, Inc. (Nasdaq:ERII) today announced its financial results for the first quarter ended March 31, 2021. The Company posted record-high quarterly product revenue in its core Water segment with 52% growth compared to the first quarter of 2020. You can read further details here
Energy Recovery Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $22.42 on 04/29/21, with the lowest value was $13.45 for the same time period, recorded on 01/27/21.
Energy Recovery Inc. (ERII) full year performance was 117.73%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Energy Recovery Inc. shares are logging -20.56% during the 52-week period from high price, and 166.22% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $6.69 and $22.42.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1263567 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Energy Recovery Inc. (ERII) recorded performance in the market was 30.57%, having the revenues showcasing 20.75% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.01B, as it employees total of 216 workers.
Market experts do have their say about Energy Recovery Inc. (ERII)
During the last month, 0 analysts gave the Energy Recovery Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 16.71, with a change in the price was noted +5.21. In a similar fashion, Energy Recovery Inc. posted a movement of +41.35% for the period of last 100 days, recording 425,463 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ERII is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical breakdown of Energy Recovery Inc. (ERII)
Raw Stochastic average of Energy Recovery Inc. in the period of last 50 days is set at 35.61%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 6.11%. In the last 20 days, the company’s Stochastic %K was 41.26% and its Stochastic %D was recorded 55.59%.
Bearing in mind the latest performance of Energy Recovery Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 30.57%. Additionally, trading for the stock in the period of the last six months notably improved by 77.39%, alongside a boost of 117.73% for the period of the last 12 months. The shares increased approximately by -16.62% in the 7-day charts and went down by -4.50% in the period of the last 30 days. Common stock shares were driven by 20.75% during last recorded quarter.