Select Water Solutions Inc (NYSE:WTTR) currently has a daily average trading volume of 856.28K but it saw 2083243 shares traded in last market. With a market cap of 1.51B USD, the company’s current market price of $12.68 came falling about -5.37 while comparing to the previous closing price of $13.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.14 and as low as $7.74.
Taking a look at 20-day trading activity of Select Water Solutions Inc (WTTR) gives us an average price of $13.07, while its current price level is -16.25% below from 52-week high level whereas it is 63.82% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $13.40 while that of 200 days or SMA-200 reads an average of $11.77. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.51% during that period while stretching the period over a month that decreases to 4.19%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.35 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Northland Capital which upgraded the stock as “Outperform” in its note to investors issued on August 22, 2024, recommending a price target of $14.50 for it. Citigroup upgraded its recommendation for the stock as a “Buy” from “Neutral” on May 09, 2024 while assigning a price target of $13. Northland Capital issued its recommendations for the stock as it initiated the price target for the stock is $11.50.
Over the week, WTTR’s stock price is moving -1.25% down while it is -9.75% when we observe its performance for the past one month. Year-to-date it is -4.23% down and over the past year, the stock is showing an upside performance of 60.71%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0.15 while estimate for next year EPS is 0.85. In next quarter, company is expected to be making quarterly sales of $376.51M as analysts are expecting the sales for current fiscal year at $1.51B and seeing the company making $1.62B in sales next year. Moreover, analysts are in estimates of $354.69M for current-quarter revenue.
Currently, Select Water Solutions Inc’s total number of outstanding shares is 103.09M with 7.84% of that held by the insiders while 93.89% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.37% and return on equity (ROE) at 3.91%. It has a price to earnings ratio (P/E ratio) of 42.22 while having a 13.25 of forward P/E ratio. Stock’s beta reads 1.77. Stock has a price to book (P/B) ratio of 1.64 while price to sale or P/S ratio amounts to 1.04. Its return on asset (ROA) is 2.37% on average.
