Select Water Solutions Inc (NYSE: WTTR) on Tuesday, plunged -1.32% from the previous trading day, before settling in for the closing price of $9.11. Within the past 52 weeks, WTTR’s price has moved between $6.78 and $9.74.
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Annual sales at Basic Materials sector company grew by 10.68% over the past five years. The company achieved an average annual earnings per share of 0.42%. With a float of $93.67 million, this company’s outstanding shares have now reached $102.17 million.
Let’s look at the performance matrix of the company that is accounted for 4200 employees.
Select Water Solutions Inc (WTTR) Insider and Institutional Ownership
Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. The insider ownership of Select Water Solutions Inc is 8.11%, while institutional ownership is 70.86%. The most recent insider transaction that took place on Mar 06 ’24, was worth 67,307. In this transaction Chief Accounting Officer of this company sold 8,080 shares at a rate of $8.33, taking the stock ownership to the 84,304 shares. Before that another transaction happened on Feb 28 ’24, when Company’s CFO & Senior VP sold 9,009 for $8.55, making the entire transaction worth $77,051. This insider now owns 272,140 shares in total.
Select Water Solutions Inc (WTTR) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 0.42% per share during the next fiscal year.
Select Water Solutions Inc (NYSE: WTTR) Trading Performance Indicators
Select Water Solutions Inc (WTTR) is currently performing well based on its current performance indicators. A quick ratio of 1.96 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.58. Likewise, its price to free cash flow for the trailing twelve months is 6.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.72, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 1.21 in one year’s time.
Technical Analysis of Select Water Solutions Inc (WTTR)
Select Water Solutions Inc (NYSE: WTTR) saw its 5-day average volume 0.74 million, a negative change from its year-to-date volume of 1.15 million. As of the previous 9 days, the stock’s Stochastic %D was 7.96%. Additionally, its Average True Range was 0.23.
During the past 100 days, Select Water Solutions Inc’s (WTTR) raw stochastic average was set at 72.73%, which indicates a significant increase from 9.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.95% in the past 14 days, which was lower than the 33.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.67, while its 200-day Moving Average is $7.99. Nevertheless, the first resistance level for the watch stands at $9.09 in the near term. At $9.19, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.28. If the price goes on to break the first support level at $8.90, it is likely to go to the next support level at $8.81. The third support level lies at $8.71 if the price breaches the second support level.
Select Water Solutions Inc (NYSE: WTTR) Key Stats
Market capitalization of the company is 916.44 million based on 118,164K outstanding shares. Right now, sales total 1,585 M and income totals 74,400 K. The company made 374,860 K in profit during its latest quarter, and 27,600 K in sales during its previous quarter.
