Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Solaris Oilfield Infrastructure Inc before investing.

In this article, we go over a few key elements for understanding Solaris Oilfield Infrastructure Inc’s stock price such as:

• Solaris Oilfield Infrastructure Inc’s current stock price and volume
• Why Solaris Oilfield Infrastructure Inc’s stock price changed recently
• Upgrades and downgrades for SOI from analysts
• SOI’s stock price momentum as measured by its relative strength

About Solaris Oilfield Infrastructure Inc (SOI)

Before we jump into Solaris Oilfield Infrastructure Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Solaris Oilfield Infrastructure, Inc. provides mobile equipment that drives supply chain and execution in the completion of oil and natural gas wells. The Company designs and manufactures specialized equipment, which combined with field technician support, last mile logistics services and software solutions, which enables it to provide a service offering that helps oil and natural gas operators and their suppliers during the completion phase of well development. It services active oil and natural gas basins in the United States. It specializes in developing all electric equipment that automates the low-pressure section of oil and gas well completion sites. The Company’s sand handling service span from mobile proppant management systems to multiple types of all-electric, automated systems designed to store, move, and blend sand and fluids on the low-pressure side of well completion sites. It measures its activity based on the number of its fully utilized systems.

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Solaris Oilfield Infrastructure Inc’s Stock Price as of Market Close

As of July 22, 2024, 4:00 PM, CST, Solaris Oilfield Infrastructure Inc’s stock price was $12.22.

Solaris Oilfield Infrastructure Inc is down 5.42% from its previous closing price of $12.92.

During the last market session, Solaris Oilfield Infrastructure Inc’s stock traded between $12.53 and $13.28. Currently, there are 28.59 million shares of Solaris Oilfield Infrastructure Inc stock available for purchase.

Solaris Oilfield Infrastructure Inc’s price-earnings (P/E) ratio is currently at 18.9, which is high compared to the Oil & Gas - Related Services and Equipment industry median of 17.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Solaris Oilfield Infrastructure Inc Stock Price History

Solaris Oilfield Infrastructure Inc’s (SOI) price is currently up 42.42% so far this month.

During the month of July, Solaris Oilfield Infrastructure Inc’s stock price has reached a high of $13.28 and a low of $8.24.

Over the last year, Solaris Oilfield Infrastructure Inc has hit prices as high as $13.28 and as low as $6.59. Year to date, Solaris Oilfield Infrastructure Inc’s stock is up 23.06%.

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What Caused Solaris Oilfield Infrastructure Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 19, 2024, there were 0 analysts who downgraded Solaris Oilfield Infrastructure Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Solaris Oilfield Infrastructure Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Solaris Oilfield Infrastructure Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Solaris Oilfield Infrastructure Inc’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Solaris Oilfield Infrastructure Inc (SOI) by visiting AAII Stock Evaluator.

Relative Price Strength of Solaris Oilfield Infrastructure Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 19, 2024, Solaris Oilfield Infrastructure Inc has a weighted four-quarter relative price strength of 13.17%, which translates to a Momentum Score of 91 and is considered to be Very Strong.

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Solaris Oilfield Infrastructure Inc Stock Price: Bottom Line

As of July 22, 2024, Solaris Oilfield Infrastructure Inc’s stock price is $12.22, which is down 5.42% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Solaris Oilfield Infrastructure Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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