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After finishing at $1.73 in the prior trading day, W & T Offshore Inc (NYSE: WTI) closed at $1.67, down -3.47%. In other words, the price has decreased by -$3.47 from its previous closing price. On the day, 1.15 million shares were traded. WTI stock price reached its highest trading level at $1.75 during the session, while it also had its lowest trading level at $1.65.
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 246087856 and an Enterprise Value of 522441632. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46. Its current Enterprise Value per Revenue stands at 0.972 whereas that against EBITDA is 3.617.
Stock Price History:
The Beta on a monthly basis for WTI is 1.33, which has changed by -0.46769232 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, WTI has reached a high of $3.28, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is -6.16%, while the 200-Day Moving Average is calculated to be -21.52%.
Shares Statistics:
The stock has traded on average 2.14M shares per day over the past 3-months and 2111590 shares per day over the last 10 days, according to various share statistics. A total of 147.34M shares are outstanding, with a floating share count of 97.73M. Insiders hold about 33.68% of the company’s shares, while institutions hold 35.25% stake in the company. Shares short for WTI as of 1735603200 were 18825717 with a Short Ratio of 8.78, compared to 1732838400 on 15802797. Therefore, it implies a Short% of Shares Outstanding of 18825717 and a Short% of Float of 19.17.
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 0.023121387The stock’s 5-year Average Dividend Yield is 2.53.
