Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of W & T Offshore Inc (NYSE: WTI) was $1.77 for the day, down -2.21% from the previous closing price of $1.81. In other words, the price has decreased by -$2.21 from its previous closing price. On the day, 1.29 million shares were traded. WTI stock price reached its highest trading level at $1.825 during the session, while it also had its lowest trading level at $1.74.
Ratios:
Our analysis of WTI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.02. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.18.
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 261344032 and an Enterprise Value of 507149728. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51. Its current Enterprise Value per Revenue stands at 0.986 whereas that against EBITDA is 4.079.
Stock Price History:
The Beta on a monthly basis for WTI is 0.70, which has changed by -0.19545454 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, WTI has reached a high of $2.84, while it has fallen to a 52-week low of $1.09. The 50-Day Moving Average of the stock is 1.43%, while the 200-Day Moving Average is calculated to be 4.99%.
Shares Statistics:
WTI traded an average of 2.29M shares per day over the past three months and 1616290 shares per day over the past ten days. A total of 147.64M shares are outstanding, with a floating share count of 97.42M. Insiders hold about 34.02% of the company’s shares, while institutions hold 37.66% stake in the company. Shares short for WTI as of 1752537600 were 22142770 with a Short Ratio of 9.66, compared to 1749772800 on 23928225. Therefore, it implies a Short% of Shares Outstanding of 22142770 and a Short% of Float of 22.569999.
Dividends & Splits
With its trailing 12-month dividend rate of 0.04, WTI has a forward annual dividend rate of 0.04. Against a Trailing Annual Dividend Yield of 0.022099448The stock’s 5-year Average Dividend Yield is 2.53.
