Market Resilience: W & T Offshore Inc (WTI) Finishes Strong/Weak at 2.031, Down -2.40

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W & T Offshore Inc (NYSE: WTI) closed the day trading at $2.03 down -2.40% from the previous closing price of $2.08. In other words, the price has decreased by -$2.40 from its previous closing price. On the day, 2.39 million shares were traded. WTI stock price reached its highest trading level at $2.08 during the session, while it also had its lowest trading level at $1.995.

Ratios:

For a better understanding of WTI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 18.92 whereas as Long-Term Debt/Eq ratio is at 18.51.

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 298119680 and an Enterprise Value of 595999296. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 14.36. Its current Enterprise Value per Revenue stands at 1.1 whereas that against EBITDA is 3.457.

Stock Price History:

Over the past 52 weeks, WTI has reached a high of $4.51, while it has fallen to a 52-week low of $2.06. The 50-Day Moving Average of the stock is -13.26%, while the 200-Day Moving Average is calculated to be -35.40%.

Shares Statistics:

Over the past 3-months, WTI traded about 2.20M shares per day on average, while over the past 10 days, WTI traded about 1737520 shares per day. A total of 146.58M shares are outstanding, with a floating share count of 97.58M. Insiders hold about 33.56% of the company’s shares, while institutions hold 39.47% stake in the company. Shares short for WTI as of 1715731200 were 20663865 with a Short Ratio of 9.14, compared to 1713139200 on 20101673. Therefore, it implies a Short% of Shares Outstanding of 20663865 and a Short% of Float of 21.149999.

Dividends & Splits

WTI’s forward annual dividend rate is 0.03, up from 0.02 a year ago. Against a Trailing Annual Dividend Yield of 0.009615385The stock’s 5-year Average Dividend Yield is 2.53.

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