WTTR Stock Summary and Trading Ideas (Select Water Solutions Class A | NYSE:WTTR)

Select Water Solutions Inc provides sustainable water and chemical solutions to the energy industry. These solutions are supported by the company's critical water infrastructure assets, chemical manufacturing, and water treatment and recycling capabilities. Its reportable segments are Water Services, Water Infrastructure, and Chemical Technologies. It generates the majority of its revenue from Water Services.

Select Water Solutions Class A trades on the NYSE stock market under the symbol WTTR.

As of April 19, 2024, WTTR stock price climbed to $9.34 with 1,440,882 million shares trading.

WTTR has a beta of 0.79, meaning it tends to be less sensitive to market movements. WTTR has a correlation of 0.13 to the broad based SPY ETF.

WTTR has a market cap of $959.37 million. This is considered a Small Cap stock.

Last quarter Select Water Solutions Class A reported $375 million in Revenue and $.27 earnings per share. This fell short of revenue expectation by $-3 million and exceeded earnings estimates by $.12.

In the last 3 years, WTTR stock traded as high as $10.43 and as low as $4.37.

The top ETF exchange traded funds that WTTR belongs to (by Net Assets): SDVY, VTI, OIH, IWM, VXF.

WTTR has outperformed the market in the last year with a price return of +30.6% while the SPY ETF gained +21.2%. WTTR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +31.5% and +0.1%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

WTTR support price is $8.90 and resistance is $9.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WTTR stock will trade within this expected range on the day.