Select Water Solutions Inc (WTTR) concluded trading on Wednesday at a closing price of $9.08, with 5.3 million shares of worth about $48.09 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.19% during that period and on Wednesday the price saw a gain of about 15.67%. Currently the company’s common shares owned by public are about 109.39M shares, out of which, 89.64M shares are available for trading.
However, the stock later moved at a day high price of 9.08, or with a gain of 15.67%. Stock saw a price change of 19.63% in past 5 days and over the past one month there was a price change of 25.59%. Year-to-date (YTD), WTTR shares are showing a performance of 19.63% which increased to 10.73% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.51 but also hit the highest price of $8.70 during that period. The average intraday trading volume for Select Water Solutions Inc shares is 764.88K. The stock is currently trading 18.88% above its 20-day simple moving average (SMA20), while that difference is up 21.52% for SMA50 and it goes to 17.33% higher than SMA200.
Select Water Solutions Inc (NYSE: WTTR) currently have 109.39M outstanding shares and institutions hold larger chunk of about 69.57% of that.
The stock has a current market capitalization of $943.59M and its 3Y-monthly beta is at 1.65. PE ratio of stock for trailing 12 months is 12.57, while it has posted earnings per share of $0.72 in the same period. It has Quick Ratio of 1.96 while making debt-to-equity ratio of 0.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WTTR, volatility over the week remained 4.76% while standing at 3.20% over the month.
Stock’s fiscal year EPS is expected to rise by 52.05% while it is estimated to increase by 30.32% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on March 23, 2023 offering a Strong buy rating for the stock and assigned a target price of $12 to it. Coverage by Seaport Global Securities stated Select Water Solutions Inc (WTTR) stock as a Buy in their note to investors on July 15, 2021, suggesting a price target of $8 for the stock. On October 02, 2020, JP Morgan Downgrade their recommendations, while on March 13, 2020, Piper Sandler Downgrade their ratings for the stock with a price target of $4. Stock get a Neutral rating from Citigroup on March 09, 2020.
