WBI’s (NYSE:WBI) Lock-Up Period Will End on March 16th

WBI’s (NYSE:WBI) lock-up period will end on Monday, March 16th. WBI had issued 31,700,000 shares in its initial public offering on September 17th. The total size of the offering was $634,000,000 based on an initial share price of $20.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings started coverage on WBI in a report on Wednesday, January 14th. They issued a “sell (e-)” rating for the company. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

WBI Trading Up 1.5%

NYSE WBI opened at $25.28 on Monday. The company has a debt-to-equity ratio of 0.90, a current ratio of 3.36 and a quick ratio of 3.36. The firm has a market cap of $3.12 billion and a PE ratio of -1,264.00. WBI has a twelve month low of $18.64 and a twelve month high of $27.57.

WBI Company Profile

WaterBridge Infrastructure LLC is an integrated, pure-play water infrastructure company. WaterBridge Infrastructure LLC is based in HOUSTON.