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After finishing at $11.13 in the prior trading day, Select Water Solutions Inc (NYSE: WTTR) closed at $10.85, down -2.52%. In other words, the price has decreased by -$2.52 from its previous closing price. On the day, 1.38 million shares were traded. WTTR stock price reached its highest trading level at $11.27 during the session, while it also had its lowest trading level at $10.785.
Ratios:
Our goal is to gain a better understanding of WTTR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 67.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.75. 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:
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 1291334528 and an Enterprise Value of 1364105728. As of this moment, Select’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.94, and their Forward P/E ratio for the next fiscal year is 11.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 0.912 whereas that against EBITDA is 6.573.
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 -2.05%, while the 200-Day Moving Average is calculated to be 13.68%.
Shares Statistics:
The stock has traded on average 884.51K shares per day over the past 3-months and 901880 shares per day over the last 10 days, according to various share statistics. 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 80.45% stake in the company. Shares short for WTTR as of 1726185600 were 7415476 with a Short Ratio of 8.38, compared to 1723680000 on 4657725. Therefore, it implies a Short% of Shares Outstanding of 7415476 and a Short% of Float of 7.829999999999999.
Dividends & Splits
In the trailing 12 months, WTTR’s forward annual dividend rate was 0.24, compared to 0.24 this year. Against a Trailing Annual Dividend Yield of 0.021563342