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The closing price of W & T Offshore Inc (NYSE: WTI) was $2.01 for the day, up 1.52% from the previous closing price of $1.98. In other words, the price has increased by $1.52 from its previous closing price. On the day, 0.79 million shares were traded. WTI stock price reached its highest trading level at $2.02 during the session, while it also had its lowest trading level at $1.99.
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 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 296189568 and an Enterprise Value of 563701760. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55. Its current Enterprise Value per Revenue stands at 1.049 whereas that against EBITDA is 3.902.
Stock Price History:
Over the past 52 weeks, WTI has reached a high of $3.75, while it has fallen to a 52-week low of $1.92. The 50-Day Moving Average of the stock is -7.03%, while the 200-Day Moving Average is calculated to be -14.42%.
Shares Statistics:
WTI traded an average of 1.80M shares per day over the past three months and 1973470 shares per day over the past ten days. 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 1730332800 were 19157489 with a Short Ratio of 10.63, compared to 1727654400 on 17319217. Therefore, it implies a Short% of Shares Outstanding of 19157489 and a Short% of Float of 19.510001.
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 0.02020202The stock’s 5-year Average Dividend Yield is 2.53.