Select Energy Services Inc. (NYSE:WTTR) went down by -0.83% from its latest closing price compared to the recent 1-year high of $7.58. The company’s stock price has collected -3.69% of loss in the last five trading sessions. Press Release reported on 11/05/21 that Superior Energy Services Announces Second Quarter 2021 Results and Conference Call
Is It Worth Investing in Select Energy Services Inc. (NYSE :WTTR) Right Now?
Plus, the 36-month beta value for WTTR is at 2.73. Opinions of the stock are interesting as 2 analysts out of 4 who provided ratings for Select Energy Services Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $8.00, which is $2.0 above the current price. WTTR currently public float of 64.17M and currently shorts hold a 2.17% ratio of that float. Today, the average trading volume of WTTR was 428.08K shares.
WTTR’s Market Performance
WTTR stocks went down by -3.69% for the week, with a monthly drop of -9.91% and a quarterly performance of 6.01%, while its annual performance rate touched 16.28%. The volatility ratio for the week stands at 7.04% while the volatility levels for the past 30 days are set at 7.03% for Select Energy Services Inc.. The simple moving average for the period of the last 20 days is -6.45% for WTTR stocks with a simple moving average of 2.78% for the last 200 days.
Analysts’ Opinion of WTTR
Many brokerage firms have already submitted their reports for WTTR stocks, with Seaport Global Securities repeating the rating for WTTR by listing it as a “Buy.” The predicted price for WTTR in the upcoming period, according to Seaport Global Securities is $8 based on the research report published on July 15th of the current year 2021.
Piper Sandler gave a rating of “Neutral” to WTTR, setting the target price at $4 in the report published on March 13th of the previous year.
WTTR Trading at -0.95% from the 50-Day Moving Average
After a stumble in the market that brought WTTR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.84% of loss for the given period.
Volatility was left at 7.03%, however, over the last 30 days, the volatility rate increased by 7.04%, as shares sank -3.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.73% upper at present.
During the last 5 trading sessions, WTTR fell by -3.69%, which changed the moving average for the period of 200-days by +0.17% in comparison to the 20-day moving average, which settled at $6.40. In addition, Select Energy Services Inc. saw 46.34% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at WTTR starting from Szymanski Brian, who sale 8,549 shares at the price of $7.22 back on Nov 09. After this action, Szymanski Brian now owns 54,344 shares of Select Energy Services Inc., valued at $61,724 using the latest closing price.
Stock Fundamentals for WTTR
Current profitability levels for the company are sitting at:
- -15.93 for the present operating margin
- -4.12 for the gross margin
The net margin for Select Energy Services Inc. stands at -55.97. The total capital return value is set at -9.71, while invested capital returns managed to touch -40.72. Equity return is now at value -12.20, with -8.10 for asset returns.
Based on Select Energy Services Inc. (WTTR), the company’s capital structure generated 12.71 points at debt to equity in total, while total debt to capital is 11.28. Total debt to assets is 8.61, with long-term debt to equity ratio resting at 10.30. Finally, the long-term debt to capital ratio is 9.14.
When we switch over and look at the enterprise to sales, we see a ratio of 0.73, with the company’s debt to enterprise value settled at 0.20. The receivables turnover for the company is 3.01 and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.96.