A new trading day began on Friday, with Select Water Solutions Inc (NYSE: WTTR) stock price up 3.20% from the previous day of trading, before settling in for the closing price of $9.05. WTTR’s price has ranged from $6.78 to $9.74 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 10.68%. Meanwhile, its annual earnings per share averaged 0.42%. With a float of $93.67 million, this company’s outstanding shares have now reached $102.17 million.
The extent of productivity of a business whose workforce counts for 4200 workers is very important to gauge.
Select Water Solutions Inc (WTTR) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Chemicals Industry. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.74 per share during the current fiscal year.
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
Here are Select Water Solutions Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.60. Likewise, its price to free cash flow for the trailing twelve months is 6.37.
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)
The latest stats from [Select Water Solutions Inc, WTTR] show that its last 5-days average volume of 1.04 million was inferior to 1.15 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 41.28%. 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 85.45%, which indicates a significant increase from 56.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.35% in the past 14 days, which was lower than the 33.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.77, while its 200-day Moving Average is $8.01. Now, the first resistance to watch is $9.47. This is followed by the second major resistance level at $9.61. The third major resistance level sits at $9.85. If the price goes on to break the first support level at $9.09, it is likely to go to the next support level at $8.85. Assuming the price breaks the second support level, the third support level stands at $8.71.
Select Water Solutions Inc (NYSE: WTTR) Key Stats
With a market capitalization of 952.12 million, the company has a total of 118,164K Shares Outstanding. Currently, annual sales are 1,585 M while annual income is 74,400 K. The company’s previous quarter sales were 374,860 K while its latest quarter income was 27,600 K.
