In a filing, Energy Recovery Inc revealed its President and CEO Moon David W acquired Company’s shares for reported $51240.0 on May 13 ’25. In the deal valued at $12.20 per share,4,200 shares were bought. As a result of this transaction, Moon David W now holds 36,950 shares worth roughly $0.49 million.
Then, TONDREAU PAMELA L. bought 4,200 shares, generating $51,570 in total proceeds. Upon buying the shares at $12.28, the Director now owns 41,043 shares.
Before that, FARSHAD GHASRIPOOR bought 12,624 shares. Energy Recovery Inc shares valued at $188,110 were divested by the Former Officer at a price of $14.90 per share.
B. Riley Securities downgraded its Energy Recovery Inc [ERII] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. Raymond James also remained covering ERII and has increased its forecast on July 09, 2024 with a “Strong buy” recommendation from previously “an Outperform” rating. B. Riley Securities started covering the stock on November 17, 2022. It rated ERII as “a Buy”.
Price Performance Review of ERII
On Friday, Energy Recovery Inc [NASDAQ:ERII] saw its stock jump 7.17% to $13.16. Over the last five days, the stock has gained 15.74%. Energy Recovery Inc shares have fallen nearly -10.48% since the year began. Nevertheless, the stocks have fallen -5.32% over the past one year. While a 52-week high of $20.27 was reached on 03/24/25, a 52-week low of $10.86 was recorded on 05/08/25. SMA at 50 days reached $15.08, while 200 days put it at $16.00.
Levels Of Support And Resistance For ERII Stock
The 24-hour chart illustrates a support level at 12.71, which if violated will result in even more drops to 12.26. On the upside, there is a resistance level at 13.43. A further resistance level may holdings at 13.69. The Relative Strength Index (RSI) on the 14-day chart is 42.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.90%. Stochastics %K at 33.79% indicates the stock is a holding.
