Eneti: Set For Solid Growth Over The Next Few Years [Seeking Alpha]
Eneti Inc. (NETI)
Company Research
Source: Seeking Alpha
glegorlyAfter reaching a 2-year high of approximately $24.50 on March 15, 2021, the share price of wind turbine installer Eneti Inc. (NYSE:NETIhigh of $9.80 per share on November 14, 2022.Since then, it has pulled back to trade in a range of about $9.00 per share to around $9.70 per share, suggesting the stock is looking for direction with much of the potential near-term growth of the company appearing to be already priced in.TradingViewDemand for marine wind turbine installation continues to grow, which has resulted in a contracted backlog of $283 million at the end of the last quarter for NETI. Two of its installation vessels are already contracted through the end of 2023.With significant barriers to entry, growing demand, and the company having two vessels under construction that will have the capacity to install the next generation of wind turbines, NETI is positioned well for long-term growth.In this article we'll look at some of the numbers from its latest earnings report, the s
Show less
Read more
Impact Snapshot
Event Time:
NETI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NETI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NETI alerts
High impacting Eneti Inc. news events
Weekly update
A roundup of the hottest topics