<div id="readability-page-1"><p>Shares of Select Water Solutions, Inc. (NYSE:WTTR - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $11.14, but opened at $10.73. Select Water Solutions shares last traded at $10.85, with a volume of 36,480 shares trading hands.</p><div><p><span></span><span>Get <strong>Select Water Solutions</strong> alerts:</span></p></div><h2>Wall Street Analyst Weigh In</h2><p>WTTR has been the topic of several research analyst reports. Northland Securities raised Select Water Solutions from a &#34;market perform&#34; rating to an &#34;outperform&#34; rating and raised their price objective for the stock from $11.50 to $14.50 in a research note on Thursday, August 22nd. Northland Capmk raised Select Water Solutions from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Thursday, August 22nd.</p><p><b>Read Our Latest Stock Report on WTTR</b></p><h2>Select Water Solutions Price Performance</h2><p>The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 19.21 and a beta of 1.65. The company's fifty day moving average is $11.09 and its 200 day moving average is $10.61. The company has a quick ratio of 1.63, a current ratio of 1.81 and a debt-to-equity ratio of 0.10. </p><p>Select Water Solutions (NYSE:WTTR - Get Free Report) last posted its quarterly earnings data on Tuesday, July 30th. The company reported $0.13 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.02. Select Water Solutions had a net margin of 3.91% and a return on equity of 6.56%. The company had revenue of $365.13 million during the quarter, compared to the consensus estimate of $372.25 million. During the same period in the prior year, the business posted $0.20 EPS. The company's quarterly revenue was down 9.8% on a year-over-year basis.  On average, equities research analysts predict that  Select Water Solutions, Inc. will post 0.47 EPS for the current year. </p><h2>Select Water Solutions Increases Dividend</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Tuesday, November 5th will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 2.60%. The ex-dividend date is Tuesday, November 5th. This is an increase from Select Water Solutions's previous quarterly dividend of $0.06. Select Water Solutions's dividend payout ratio  is presently 41.38%. </p><h2>Institutional Inflows and Outflows</h2><p>A number of hedge funds and other institutional investors have recently modified their holdings of WTTR. Caxton Associates LP acquired a new position in  Select Water Solutions during the first quarter worth approximately $495,000.  Vanguard Group Inc. boosted its position in  Select Water Solutions by 3.5% during the first quarter. Vanguard Group Inc. now owns 5,619,256 shares of the company's stock worth $51,866,000 after purchasing an additional 188,347 shares during the period.  Empowered Funds LLC increased its holdings in shares of  Select Water Solutions by 129.6% in the first quarter. Empowered Funds LLC now owns 471,545 shares of the company's stock valued at $4,352,000 after purchasing an additional 266,145 shares during the last quarter.  Acadian Asset Management LLC bought a new position in shares of  Select Water Solutions in the second quarter valued at about $635,000.  Finally, Quadrature Capital Ltd boosted its holdings in shares of  Select Water Solutions by 277.6% during the 1st quarter. Quadrature Capital Ltd now owns 77,557 shares of the company's stock worth $716,000 after buying an additional 57,017 shares during the period. Institutional investors own  81.73% of the company's stock. </p><h2>Select Water Solutions Company Profile</h2> (Get Free Report)<p>Select Water Solutions, Inc, together with its subsidiaries, provides water management and chemical solutions to the energy industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Chemical Technologies. The Water Services segment provides water-related services, including water sourcing, water transfer, flowback and well testing, water containment, fluids hauling, water monitoring, and water network automation; technology solutions comprising hydrographic mapping, water volume and quality monitoring, remote pit and tank monitoring, leak detection, asset and fuel tracking, and automated-equipment services, as well as various surface rental equipment and workforce accommodation services.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Select Water Solutions</li><li>TSX Venture Exchange (Formerly Canadian Venture Exchange)</li><li>Inflation Risk Rising, Key Trades Investors Are Making Now</li><li>What is Put Option Volume?</li><li>3 Oil Stocks to Watch Before Earnings Come Out</li><li>How to Start Investing in Real Estate</li><li>Is American Express Stock’s Sell-the-News Reaction a Buying Opp?</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. 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WTTR

<p>Select Water Solutions (NYSE:WTTR) shares gapped down, opening at $0.73 after closing at $0.14. The stock last traded at $0.85 with a volume of 36,480 shares. Analysts from Northland Securities upgraded the stock to "outperform" with a price target of $0.50. The company reported a quarterly EPS of $0.13, exceeding estimates, but revenue fell 9.8% year-over-year. A quarterly dividend of $0.07 will be paid on November 15, reflecting an increase from the previous $0.06. Institutional investors hold 81.73% of the stock.</p>

Select Water Solutions (NYSE:WTTR) Shares Gap Down - Here's Why