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Select Water Solutions Inc (NYSE: WTTR) closed the day trading at $10.56 up 1.64% from the previous closing price of $10.39. In other words, the price has increased by $1.64 from its previous closing price. On the day, 0.81 million shares were traded. WTTR stock price reached its highest trading level at $10.63 during the session, while it also had its lowest trading level at $10.39.
Ratios:
For a better understanding of WTTR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 85.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.60. For the most recent quarter (mrq), Quick Ratio is recorded 1.76 and its Current Ratio is at 1.94. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.15.
On April 22, 2024, Northland Capital started tracking the stock assigning a Market Perform rating and target price of $11.50.
On March 23, 2023, Raymond James started tracking the stock assigning a Strong Buy rating and target price of $12.Raymond James initiated its Strong Buy rating on March 23, 2023, with a $12 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1255752960 and an Enterprise Value of 1321136640. As of this moment, Select’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.43, and their Forward P/E ratio for the next fiscal year is 9.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 1.41. Its current Enterprise Value per Revenue stands at 0.861 whereas that against EBITDA is 6.31.
Stock Price History:
The Beta on a monthly basis for WTTR is 1.68, which has changed by 0.2815534 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, WTTR has reached a high of $10.99, while it has fallen to a 52-week low of $6.78. The 50-Day Moving Average of the stock is 3.68%, while the 200-Day Moving Average is calculated to be 23.96%.
Shares Statistics:
Over the past 3-months, WTTR traded about 1.07M shares per day on average, while over the past 10 days, WTTR traded about 905830 shares per day. A total of 102.17M shares are outstanding, with a floating share count of 90.63M. Insiders hold about 11.74% of the company’s shares, while institutions hold 77.44% stake in the company. Shares short for WTTR as of 1718323200 were 4814462 with a Short Ratio of 3.70, compared to 1715731200 on 3690016. Therefore, it implies a Short% of Shares Outstanding of 4814462 and a Short% of Float of 5.09.
Dividends & Splits
WTTR’s forward annual dividend rate is 0.23, up from 0.23 a year ago. Against a Trailing Annual Dividend Yield of 0.02213667
