The price of Energy Recovery Inc (NASDAQ:ERII) shares last traded on Wall Street rose 0.88% to $12.56.
ERII stock price is now -14.73% away from the 50-day moving average and -21.07% away from the 200-day moving average. The market capitalization of the company currently stands at $684.51M.
With the price target maintained at $12.50, B. Riley Securities recently Downgraded its rating from Buy to Neutral for Energy Recovery Inc (NASDAQ: ERII). On December 05, 2024, Seaport Research Partners recently initiated its ‘Buy’ rating on the stock quoting a target price of $22, while ‘Raymond James’ rates the stock as ‘Strong Buy’
In other news, Moon David W, President and CEO bought 4,200 shares of the company’s stock on May 13 ’25. The stock was bought for $51,240 at an average price of $12.20. Upon completion of the transaction, the President and CEO now directly owns 36,950 shares in the company, valued at $0.46 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 14 ’25, Director TONDREAU PAMELA L. bought 4,200 shares of the business’s stock. A total of $51,570 was incurred on buying the stock at an average price of $12.28. This leaves the insider owning 41,043 shares of the company worth $0.52 million. A total of 3.56% of the company’s stock is owned by insiders.
During the past 12 months, Energy Recovery Inc has had a low of $10.86 and a high of $20.27. As of last week, the company has a debt-to-equity ratio of 0.06, a current ratio of 8.39, and a quick ratio of 6.63. According to the stock market information, the enterprise value for the company is $612073280, which is based on a 34.47 price-to-earnings ratio, a 1.14 price-to-earnings-growth ratio, and a beta of 1.05. The fifty day moving average price for ERII is $14.7304 and a two-hundred day moving average price translates $15.91355 for the stock.
The latest earnings results from Energy Recovery Inc (NASDAQ: ERII) was released for 2025-03-31. The net profit margin was 15.21% and return on equity was 10.35% for ERII. The company reported revenue of $8.06 million for the quarter, compared to $12.09 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -33.29 percent.
