Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, W & T Offshore Inc’s stock clocked out at $1.78, up 7.23% from its previous closing price of $1.66. In other words, the price has increased by $7.23 from its previous closing price. On the day, 3.48 million shares were traded. WTI stock price reached its highest trading level at $1.83 during the session, while it also had its lowest trading level at $1.7.
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 0.98 and its Current Ratio is at 0.98.
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 262297232 and an Enterprise Value of 529809504. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49. Its current Enterprise Value per Revenue stands at 0.986 whereas that against EBITDA is 3.668.
Stock Price History:
Over the past 52 weeks, WTI has reached a high of $3.36, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is -6.50%, while the 200-Day Moving Average is calculated to be -18.85%.
Shares Statistics:
It appears that WTI traded 2.27M shares on average per day over the past three months and 2898130 shares per day over the past ten days. A total of 147.34M shares are outstanding, with a floating share count of 97.78M. Insiders hold about 33.64% of the company’s shares, while institutions hold 35.40% stake in the company. Shares short for WTI as of 1734048000 were 16007922 with a Short Ratio of 7.05, compared to 1731628800 on 17264440. Therefore, it implies a Short% of Shares Outstanding of 16007922 and a Short% of Float of 16.299999.
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 0.024096385The stock’s 5-year Average Dividend Yield is 2.53.
