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The price of W & T Offshore Inc (NYSE: WTI) closed at $1.81 in the last session, up 1.69% from day before closing price of $1.78. In other words, the price has increased by $1.69 from its previous closing price. On the day, 0.96 million shares were traded. WTI stock price reached its highest trading level at $1.815 during the session, while it also had its lowest trading level at $1.751.
Ratios:
We take a closer look at WTI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.93. 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 267250112 and an Enterprise Value of 489431488. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52. Its current Enterprise Value per Revenue stands at 0.952 whereas that against EBITDA is 3.936.
Stock Price History:
The Beta on a monthly basis for WTI is 0.69, which has changed by -0.27016127 over the last 52 weeks, in comparison to a change of 0.1116153 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 11.00%, while the 200-Day Moving Average is calculated to be 4.94%.
Shares Statistics:
According to the various share statistics, WTI traded on average about 2.24M shares per day over the past 3-months and 2020510 shares per day over the past 10 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 37.55% stake in the company. Shares short for WTI as of 1749772800 were 23928225 with a Short Ratio of 10.39, compared to 1747267200 on 24383340. Therefore, it implies a Short% of Shares Outstanding of 23928225 and a Short% of Float of 24.39.
Dividends & Splits
The forward annual dividend rate for WTI is 0.04, which was 0.04 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.02247191The stock’s 5-year Average Dividend Yield is 2.53.
