Select Water Solutions Inc (WTTR) average volume reaches $832.39K: Is Wall Street expecting a rally?

Select Water Solutions Inc (NYSE: WTTR) kicked off on Tuesday, down -0.73% from the previous trading day, before settling in for the closing price of $15.00. Over the past 52 weeks, WTTR has traded in a range of $6.99-$15.05.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 10.68%. While this was happening, its average annual earnings per share was recorded -36.85%. With a float of $91.50 million, this company’s outstanding shares have now reached $102.80 million.

Considering the fact that the conglomerate employs 4200 people, you should pay attention to its efficiency factor. 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 Activity

Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Select Water Solutions Inc is 11.24%, while institutional ownership is 84.26%. 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) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.44 earnings per share (EPS), higher than consensus estimate (set at 0.14) by 0.3. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 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

Take a look at Select Water Solutions Inc’s (WTTR) current performance indicators. Last quarter, stock had a quick ratio of 1.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.20. Likewise, its price to free cash flow for the trailing twelve months is 17.99.

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)

Compared to the last year’s volume of 1.02 million, its volume of 0.71 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 89.37%. Additionally, its Average True Range was 0.44.

During the past 100 days, Select Water Solutions Inc’s (WTTR) raw stochastic average was set at 95.05%, which indicates a significant increase from 86.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.45% in the past 14 days, which was lower than the 51.63% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.24, while its 200-day Moving Average is $10.64. Nevertheless, the first resistance level for the watch stands at $15.13 in the near term. At $15.37, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.60. If the price goes on to break the first support level at $14.66, it is likely to go to the next support level at $14.43. Should the price break the second support level, the third support level stands at $14.19.

Select Water Solutions Inc (NYSE: WTTR) Key Stats

The company with the Market Capitalisation of 1.78 billion has total of 119,310K Shares Outstanding. Its annual sales at the moment are 1,585 M in contrast with the sum of 74,400 K annual income. Company’s last quarter sales were recorded 371,350 K and last quarter income was 15,790 K.