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After finishing at $1.98 in the prior trading day, W & T Offshore Inc (NYSE: WTI) closed at $1.91, down -3.54%. In other words, the price has decreased by -$3.54 from its previous closing price. On the day, 2.11 million shares were traded. WTI stock price reached its highest trading level at $1.99 during the session, while it also had its lowest trading level at $1.9.
Ratios:
Our goal is to gain a better understanding of WTI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 0.98.
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 281453760 and an Enterprise Value of 548966016. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52. Its current Enterprise Value per Revenue stands at 1.022 whereas that against EBITDA is 3.8.
Stock Price History:
Over the past 52 weeks, WTI has reached a high of $3.55, while it has fallen to a 52-week low of $1.90. The 50-Day Moving Average of the stock is -11.41%, while the 200-Day Moving Average is calculated to be -18.04%.
Shares Statistics:
The stock has traded on average 1.89M shares per day over the past 3-months and 2051700 shares per day over the last 10 days, according to various share statistics. A total of 146.58M shares are outstanding, with a floating share count of 97.77M. Insiders hold about 33.65% of the company’s shares, while institutions hold 35.37% stake in the company. Shares short for WTI as of 1731628800 were 17264440 with a Short Ratio of 10.11, compared to 1728950400 on 18499282. Therefore, it implies a Short% of Shares Outstanding of 17264440 and a Short% of Float of 17.580000000000002.
Dividends & Splits
In the trailing 12 months, WTI’s forward annual dividend rate was 0.04, compared to 0.04 this year. Against a Trailing Annual Dividend Yield of 0.02020202The stock’s 5-year Average Dividend Yield is 2.53.
