Select Water Solutions Inc (NYSE:WTTR) shares, rose in value, with the stock price up by 0.64% to the previous day’s close as strong demand from buyers drove the stock to $9.48.
Actively observing the price movement in the last trading, the stock closed the session at $9.42. The PE ratio was 13.12 over 12-month period. Referring to stock’s 52-week performance, its high was $9.74, and the low was $6.78. On the whole, WTTR has fluctuated by 3.61% over the past month.
The company’s Forward Dividend Ratio is 0.22, with its dividend yield at 2.32%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.56B, with a low estimate of 367M and a high estimate of 370.81M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 368.4M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WTTR’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of WTTR currently trading nearly 2.05% and 6.45% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 62.26, while the 7-day volatility ratio is showing 2.52% which for the 30-day chart, stands at 2.39%. Furthermore, Select Water Solutions Inc (WTTR)’s beta value is 1.64, and its average true range (ATR) is 0.23.
A comparison of Select Water Solutions Inc (WTTR) with its peers suggests the former has fared considerably weaker in the market. WTTR showed an intraday change of 0.64% in last session, and over the past year, it grew by 35.43%%.
Data on historical trading for Select Water Solutions Inc (NYSE:WTTR) indicates that the trading volumes over the past 3 months, they’ve averaged 1.28 million. According to company’s latest data on outstanding shares, there are 102.17 million shares outstanding.
Nearly 8.11% of Select Water Solutions Inc’s shares belong to company insiders and institutional investors own 71.26% of the company’s shares. The stock has risen by 24.90% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WTTR stock heading into the next quarter.
