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In the latest session, Select Water Solutions Inc (NYSE: WTTR) closed at $10.79 up 0.28% from its previous closing price of $10.76. In other words, the price has increased by $0.28 from its previous closing price. On the day, 0.7 million shares were traded. WTTR stock price reached its highest trading level at $10.915 during the session, while it also had its lowest trading level at $10.71.
Ratios:
For a deeper understanding of Select Water Solutions Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 67.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.72. For the most recent quarter (mrq), Quick Ratio is recorded 1.63 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.16.
On May 09, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $13.
On April 22, 2024, Northland Capital started tracking the stock assigning a Market Perform rating and target price of $11.50.Northland Capital initiated its Market Perform rating on April 22, 2024, with a $11.50 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 13 ’24 when Skarke Michael sold 13,421 shares for $9.78 per share. The transaction valued at 131,257 led to the insider holds 380,981 shares of the business.
Szymanski Brian sold 8,080 shares of WTTR for $67,307 on Mar 06 ’24. The Chief Accounting Officer now owns 84,304 shares after completing the transaction at $8.33 per share. On Feb 28 ’24, another insider, Swyka Nick L, who serves as the CFO & Senior VP of the company, sold 9,009 shares for $8.55 each. As a result, the insider received 77,051 and left with 272,140 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WTTR now has a Market Capitalization of 1280621952 and an Enterprise Value of 1357937920. As of this moment, Select’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.83, and their Forward P/E ratio for the next fiscal year is 11.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 1.42. Its current Enterprise Value per Revenue stands at 0.908 whereas that against EBITDA is 6.543.
Stock Price History:
Over the past 52 weeks, WTTR has reached a high of $12.27, while it has fallen to a 52-week low of $6.78. The 50-Day Moving Average of the stock is -2.61%, while the 200-Day Moving Average is calculated to be 9.48%.
Shares Statistics:
For the past three months, WTTR has traded an average of 853.73K shares per day and 657670 over the past ten days. A total of 102.17M shares are outstanding, with a floating share count of 90.73M. Insiders hold about 11.74% of the company’s shares, while institutions hold 80.88% stake in the company. Shares short for WTTR as of 1727654400 were 6825183 with a Short Ratio of 7.99, compared to 1724976000 on 6581860. Therefore, it implies a Short% of Shares Outstanding of 6825183 and a Short% of Float of 7.21.
Dividends & Splits
According to the company, the forward annual dividend rate for WTTR is 0.24, from 0.24 in the trailing year. Against a Trailing Annual Dividend Yield of 0.022304831
