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The closing price of W & T Offshore Inc (NYSE: WTI) was $2.11 for the day, up 0.96% from the previous closing price of $2.09. In other words, the price has increased by $0.96 from its previous closing price. On the day, 1.25 million shares were traded. WTI stock price reached its highest trading level at $2.12 during the session, while it also had its lowest trading level at $2.08.
Ratios:
Our analysis of WTI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 78.68 whereas as Long-Term Debt/Eq ratio is at 75.40.
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 310897920 and an Enterprise Value of 580567552. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 62.04. Its current Enterprise Value per Revenue stands at 1.04 whereas that against EBITDA is 3.312.
Stock Price History:
Over the past 52 weeks, WTI has reached a high of $4.32, while it has fallen to a 52-week low of $1.92. The 50-Day Moving Average of the stock is -4.05%, while the 200-Day Moving Average is calculated to be -13.65%.
Shares Statistics:
WTI traded an average of 1.74M shares per day over the past three months and 2428330 shares per day over the past ten days. A total of 146.58M shares are outstanding, with a floating share count of 97.71M. Insiders hold about 33.69% of the company’s shares, while institutions hold 36.98% stake in the company. Shares short for WTI as of 1727654400 were 17319217 with a Short Ratio of 9.97, compared to 1724976000 on 17848716. Therefore, it implies a Short% of Shares Outstanding of 17319217 and a Short% of Float of 17.669999999999998.
Dividends & Splits
With its trailing 12-month dividend rate of 0.03, WTI has a forward annual dividend rate of 0.04. Against a Trailing Annual Dividend Yield of 0.014354067The stock’s 5-year Average Dividend Yield is 2.53.
