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As of close of business last night, W & T Offshore Inc’s stock clocked out at $2.37, down -15.05% from its previous closing price of $2.79. In other words, the price has decreased by -$15.05 from its previous closing price. On the day, 4.23 million shares were traded. WTI stock price reached its highest trading level at $2.71 during the session, while it also had its lowest trading level at $2.32.
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 1.06 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 78.68 whereas as Long-Term Debt/Eq ratio is at 75.40.
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 348821312 and an Enterprise Value of 618834944. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 69.69. Its current Enterprise Value per Revenue stands at 1.108 whereas that against EBITDA is 3.531.
Stock Price History:
Over the past 52 weeks, WTI has reached a high of $4.32, while it has fallen to a 52-week low of $1.92. The 50-Day Moving Average of the stock is 6.94%, while the 200-Day Moving Average is calculated to be -4.85%.
Shares Statistics:
It appears that WTI traded 1.61M shares on average per day over the past three months and 3342170 shares per day over the past ten days. A total of 146.58M shares are outstanding, with a floating share count of 97.60M. Insiders hold about 33.69% of the company’s shares, while institutions hold 36.95% stake in the company. Shares short for WTI as of 1726185600 were 17978501 with a Short Ratio of 11.15, compared to 1723680000 on 18351151. Therefore, it implies a Short% of Shares Outstanding of 17978501 and a Short% of Float of 18.34.
Dividends & Splits
With its trailing 12-month dividend rate of 0.03, WTI has a forward annual dividend rate of 0.04. Against a Trailing Annual Dividend Yield of 0.010752688The stock’s 5-year Average Dividend Yield is 2.53.
