The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of W & T Offshore Inc (NYSE: WTI) closed at $2.23 in the last session, up 7.73% from day before closing price of $2.07. In other words, the price has increased by $7.73 from its previous closing price. On the day, 6.08 million shares were traded.
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 3.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.42. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64.
Stock Price History:
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 57.40%, while the 200-Day Moving Average is calculated to be 27.84%.
Shares Statistics:
A total of 147.64M shares are outstanding, with a floating share count of 97.43M. Insiders hold about 34.01% of the company’s shares, while institutions hold 37.56% stake in the company.
