Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, W & T Offshore Inc’s stock clocked out at $2.40, up 3.00% from its previous closing price of $2.33. In other words, the price has increased by $3.00 from its previous closing price. On the day, 2.47 million shares were traded. WTI stock price reached its highest trading level at $2.45 during the session, while it also had its lowest trading level at $2.36.
Ratios:
To gain a deeper understanding of WTI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.29. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 12.92 whereas as Long-Term Debt/Eq ratio is at 11.93.
On October 20, 2021, Stifel Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $5.10 to $6.90.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WTI now has a Market Capitalization of 352456800 and an Enterprise Value of 581981440. As of this moment, W’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 11.28. Its current Enterprise Value per Revenue stands at 1.093 whereas that against EBITDA is 3.404.
Stock Price History:
Over the past 52 weeks, WTI has reached a high of $4.54, while it has fallen to a 52-week low of $2.19. The 50-Day Moving Average of the stock is -7.36%, while the 200-Day Moving Average is calculated to be -29.55%.
Shares Statistics:
It appears that WTI traded 2.70M shares on average per day over the past three months and 1718370 shares per day over the past ten days. A total of 146.58M shares are outstanding, with a floating share count of 97.25M. Insiders hold about 33.78% of the company’s shares, while institutions hold 43.71% stake in the company. Shares short for WTI as of 1713139200 were 20101673 with a Short Ratio of 7.44, compared to 1710460800 on 23316565. Therefore, it implies a Short% of Shares Outstanding of 20101673 and a Short% of Float of 20.580000000000002.
Dividends & Splits
With its trailing 12-month dividend rate of 0.01, WTI has a forward annual dividend rate of 0.02. Against a Trailing Annual Dividend Yield of 0.0042918455The stock’s 5-year Average Dividend Yield is 2.53.
