Are Things Looking Up For Energy Recovery Inc (NASDAQ: ERII)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

The company is listed on the NASDAQ and operates within the Pollution & Treatment Controls industry segment. The current market capitalization of Energy Recovery Inc is $984.30M. A total of 0.84 million shares were traded on the day, compared to an average of 400.90K shares.

In the most recent transaction, Moon David W bought 3,000 shares of ERII for 16.00 per share on Aug 05 ’24. After the transaction, the President and CEO now owns 32,750 company shares. In a previous transaction on Aug 01 ’24, Ballard Joshua bought 7,903 shares at 17.23 per share.

Among the insiders who sold shares, Ghasripoor Farshad disposed of 4,079 shares on Jul 29 ’24 at a per-share price of $14.63. This resulted in the Chief Technology Officer holding 137,487 shares of ERII after the transaction. In another insider transaction, Clemente Rodney sold 2,353 shares at $14.63 per share on Jul 29 ’24. Company shares held by the SVP, Water now total 140,328.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, ERII has a high of $23.05 and a low of $12.26.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ERII’s latest balance sheet shows that the firm has $105.69M in Cash & Short Term Investments as of fiscal 2021. There were $16.44M in debt and $19.79M in liabilities at the time. Its Book Value Per Share was $3.81, while its Total Shareholder’s Equity was $178.78M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ERII is Buy with a score of 5.00.

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