Alta Mesa Resources, Inc. (AMR) Is At $6.81 Formed Wedge; 2 Analysts Covering Energy Recovery, Inc. (ERII)

Energy Recovery, Inc. (NASDAQ:ERII) Logo

Among 2 analysts covering Energy Recovery (NASDAQ:ERII), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Energy Recovery had 2 analyst reports since March 27, 2018 according to SRatingsIntel. As per Friday, June 15, the company rating was maintained by JMP Securities. The rating was maintained by FBR Capital on Tuesday, March 27 with “Buy”. See Energy Recovery, Inc. (NASDAQ:ERII) latest ratings:

15/06/2018 Broker: JMP Securities Old Rating: Market Outperform New Rating: Market Outperform Old Target: $15 New Target: $13 Maintain
27/03/2018 Broker: FBR Capital Rating: Buy New Target: $20.0000 Maintain

Alta Mesa Resources, Inc. (AMR) formed wedge down with $6.47 target or 5.00% below today’s $6.81 share price. Alta Mesa Resources, Inc. (AMR) has $26.93M valuation. The stock increased 0.29% or $0.02 during the last trading session, reaching $6.81. About 1.39 million shares traded or 18.01% up from the average. Alta Mesa Resources, Inc. (NASDAQ:AMR) has declined 29.26% since July 1, 2017 and is downtrending. It has underperformed by 41.83% the S&P500. Some Historical AMR News: 29/03/2018 – ALTA MESA RESOURCES INC – ALTA MESA’S TOTAL CAPITAL EXPENDITURES FOR 2018 ARE EXPECTED TO RANGE FROM $725 MLN TO $800 MLN; 09/04/2018 – Kingfisher Midstream Continues Transformation as Craig W. Collins Joins Leadership Team; 22/03/2018 – Redhawk Investment Group Aligns with The Mitchell Group to Announce Redhawk Minerals Fund Il, LP; 04/05/2018 – Alta Mesa Resources to Release 1Q 2018 Results on May 14th; 29/03/2018 – ALTA MESA RESOURCES INC – KINGFISHER’S 2018 CAPITAL EXPENDITURES ARE EXPECTED TO RANGE FROM $175 MLN TO $215 MLN; 29/03/2018 – Alta Mesa Resources, Inc. Announces Operations Update and 2018 Guidance; 2017 Financial Results for Subsidiary Alta Mesa Holdin; 10/05/2018 – KINGFISHER MIDSTREAM SAYS THE NEW PIPELINE IS EXPECTED TO BE COMPLETED IN MID-2019; 21/05/2018 – Alta Mesa Resources 1Q Loss/Shr 8c; 29/03/2018 – ALTA MESA RESOURCES INC – FOR 2018, ALTA MESA HOLDINGS FORECASTS TOTAL STACK PRODUCTION TO AVERAGE 33 TO 38 MBOE PER DAY; 31/05/2018 – ALTA MESA RESOURCES – KINGFISHER MIDSTREAM COMPLETED EXPANSION OF CREDIT FACILITY FROM $200 MLN TO $300 MLN IN COMMITMENTS FROM SYNDICATE OF BANKS

The stock increased 0.25% or $0.02 during the last trading session, reaching $8.08. About 243,933 shares traded. Energy Recovery, Inc. (NASDAQ:ERII) has risen 5.14% since July 1, 2017 and is uptrending. It has underperformed by 7.43% the S&P500. Some Historical ERII News: 02/05/2018 – Energy Recovery Access Event Scheduled By B. Riley FBR, Inc; 25/04/2018 – ELKEM ASA ELK.OL – ENERGY RECOVERY PLANT WILL HAVE AN ESTIMATED INVESTMENT FRAME OF UP TO NOK 1 BLN; 25/04/2018 – ELKEM ASA ELK.OL – SALTEN ENERGIGJENVINNING AS DECIDED TO BUILD AN ENERGY RECOVERY PLANT AT ELKEM SALTEN; 07/03/2018 – Energy Recovery Reports Fiscal Year End 2017 Financial Results; 03/05/2018 – Energy Recovery 1Q Loss/Shr 1c; 19/04/2018 – DJ Energy Recovery Inc, Inst Holders, 1Q 2018 (ERII); 01/05/2018 – Energy Recovery Non-Deal Roadshow Set By Seaport for May. 8; 08/05/2018 – Energy Recovery at Non-Deal Roadshow Hosted By Seaport Today; 25/05/2018 – PENNON GROUP – CONTINUE TO EXPECT UK RESIDUAL WASTE MARKET DYNAMICS TO BE FAVOURABLE WITH DEMAND FOR ENERGY RECOVERY FACILITIES EXCEEDING CAPACITY INTO LONG TERM; 16/03/2018 – Faurecia Boosts Its Expertise In Energy Recovery Technology With Investment In Enogia

Investors sentiment decreased to 1.1 in 2018 Q1. Its down 0.59, from 1.69 in 2017Q4. It dived, as 16 investors sold Energy Recovery, Inc. shares while 25 reduced holdings. 14 funds opened positions while 31 raised stakes. 18.16 million shares or 4.99% more from 17.30 million shares in 2017Q4 were reported. Heartland owns 1.00M shares for 0.55% of their portfolio. Whittier Trust reported 2,099 shares. Moreover, Geode Capital Ltd Liability Com has 0% invested in Energy Recovery, Inc. (NASDAQ:ERII) for 324,097 shares. Tiaa Cref Investment Mngmt Ltd Llc invested in 93,759 shares or 0% of the stock. State Common Retirement Fund invested in 35,300 shares or 0% of the stock. Neuberger Berman Gru Ltd Limited Liability Company holds 0% or 60,000 shares in its portfolio. Da Davidson And holds 71,000 shares. Cambridge Rech holds 23,078 shares. Credit Suisse Ag stated it has 0% in Energy Recovery, Inc. (NASDAQ:ERII). Rhumbline Advisers holds 0% in Energy Recovery, Inc. (NASDAQ:ERII) or 33,417 shares. Avenir owns 311,050 shares. Voya Mgmt Limited Liability Co owns 17,670 shares or 0% of their US portfolio. Fuller & Thaler Asset Mgmt accumulated 0.03% or 278,304 shares. Morgan Stanley reported 274,842 shares stake. 18,987 are held by Menta Capital Ltd Llc.

Energy Recovery, Inc. (NASDAQ:ERII) Institutional Positions Chart