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In other words, the price has increased by $0.00 from its previous closing price. On the day, 4.32 million shares were traded. WTI stock price reached its highest trading level at $1.77 during the session, while it also had its lowest trading level at $1.69.
Ratios:
For a deeper understanding of W & T Offshore Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.12. 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:
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 255437968 and an Enterprise Value of 501243648. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50. Its current Enterprise Value per Revenue stands at 0.975 whereas that against EBITDA is 4.031.
Stock Price History:
The Beta on a monthly basis for WTI is 0.68, which has changed by -0.21004564 over the last 52 weeks, in comparison to a change of 0.12748289 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 $1.09. The 50-Day Moving Average of the stock is 13.67%, while the 200-Day Moving Average is calculated to be -0.43%.
Shares Statistics:
For the past three months, WTI has traded an average of 2.19M shares per day and 6059790 over the past ten days. 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. Shares short for WTI as of 1749772800 were 23928225 with a Short Ratio of 10.91, compared to 1747267200 on 24383340. Therefore, it implies a Short% of Shares Outstanding of 23928225 and a Short% of Float of 24.39.
Dividends & Splits
According to the company, the forward annual dividend rate for WTI is 0.04, from 0.04 in the trailing year. Against a Trailing Annual Dividend Yield of 0.023121387The stock’s 5-year Average Dividend Yield is 2.53.