Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, W & T Offshore Inc’s stock clocked out at $1.46, down -5.81% from its previous closing price of $1.55. In other words, the price has decreased by -$5.81 from its previous closing price. On the day, 1.36 million shares were traded. WTI stock price reached its highest trading level at $1.54 during the session, while it also had its lowest trading level at $1.45.
Ratios:
To gain a deeper understanding of WTI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 0.89.
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 215548560 and an Enterprise Value of 511680128. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41. Its current Enterprise Value per Revenue stands at 0.974 whereas that against EBITDA is 3.841.
Stock Price History:
The Beta on a monthly basis for WTI is 0.95, which has changed by -0.47292417 over the last 52 weeks, in comparison to a change of 0.08089435 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 $1.30. The 50-Day Moving Average of the stock is -9.83%, while the 200-Day Moving Average is calculated to be -25.82%.
Shares Statistics:
It appears that WTI traded 1.42M shares on average per day over the past three months and 1098900 shares per day over the past ten days. A total of 147.37M shares are outstanding, with a floating share count of 97.88M. Insiders hold about 33.70% of the company’s shares, while institutions hold 36.63% stake in the company. Shares short for WTI as of 1741910400 were 21188809 with a Short Ratio of 14.92, compared to 1739491200 on 22152750. Therefore, it implies a Short% of Shares Outstanding of 21188809 and a Short% of Float of 21.52.
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 0.025806451The stock’s 5-year Average Dividend Yield is 2.53.