Select Water Solutions Inc (NYSE: WTTR) on Tuesday, soared 1.76% from the previous trading day, before settling in for the closing price of $13.64. Within the past 52 weeks, WTTR’s price has moved between $6.99 and $14.48.
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A company in the Energy sector has jumped its sales by 10.68% annually for the last half of the decade. The company achieved an average annual earnings per share of -36.85%. With a float of $90.72 million, this company’s outstanding shares have now reached $102.17 million.
In an organization with 4200 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 15.44%, operating margin of 4.44%, and the pretax margin is 1.03%.
Select Water Solutions Inc (WTTR) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Select Water Solutions Inc is 11.75%, while institutional ownership is 83.25%. The most recent insider transaction that took place on Nov 11 ’24, was worth 3,082,500. In this transaction President/CEO of this company sold 225,000 shares at a rate of $13.70, taking the stock ownership to the 2,925,128 shares. Before that another transaction happened on Nov 08 ’24, when Company’s President/CEO sold 75,000 for $13.93, making the entire transaction worth $1,044,750. This insider now owns 3,150,128 shares in total.
Select Water Solutions Inc (WTTR) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.27 earnings per share (EPS) for the period topping the consensus outlook (set at 0.15) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -36.85% 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 1.62 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 1.12. Likewise, its price to free cash flow for the trailing twelve months is 16.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.59, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.95 in one year’s time.
Technical Analysis of Select Water Solutions Inc (WTTR)
Let’s dig in a bit further. During the last 5-days, its volume was 1.98 million. That was better than the volume of 1.04 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 84.39%. Additionally, its Average True Range was 0.53.
During the past 100 days, Select Water Solutions Inc’s (WTTR) raw stochastic average was set at 86.43%, which indicates a significant increase from 85.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.54% in the past 14 days, which was higher than the 51.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.29, while its 200-day Moving Average is $10.18. However, in the short run, Select Water Solutions Inc’s stock first resistance to watch stands at $14.03. Second resistance stands at $14.19. The third major resistance level sits at $14.41. If the price goes on to break the first support level at $13.65, it is likely to go to the next support level at $13.43. The third support level lies at $13.27 if the price breaches the second support level.
Select Water Solutions Inc (NYSE: WTTR) Key Stats
Market capitalization of the company is 1.65 billion based on 119,017K outstanding shares. Right now, sales total 1,585 M and income totals 74,400 K. The company made 371,350 K in profit during its latest quarter, and 15,790 K in sales during its previous quarter.