A new trading day began on Monday, with W & T Offshore Inc (NYSE: WTI) stock price down -6.25% from the previous day of trading, before settling in for the closing price of $1.76. WTI’s price has ranged from $1.33 to $3.34 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 12.17%. Meanwhile, its annual earnings per share averaged -330.00%. With a float of $97.78 million, this company’s outstanding shares have now reached $147.34 million.
Considering the fact that the conglomerate employs 395 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 38.85%, operating margin of -4.36%, and the pretax margin is -13.11%.
W & T Offshore Inc (WTI) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of W & T Offshore Inc is 33.64%, while institutional ownership is 35.40%.
W & T Offshore Inc (WTI) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -330.00% per share during the next fiscal year.
W & T Offshore Inc (NYSE: WTI) Trading Performance Indicators
Here are W & T Offshore Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.44, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach -0.44 in one year’s time.
Technical Analysis of W & T Offshore Inc (WTI)
Compared to the last year’s volume of 2.5 million, its volume of 2.68 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 77.00%. Additionally, its Average True Range was 0.11.
During the past 100 days, W & T Offshore Inc’s (WTI) raw stochastic average was set at 21.19%, which indicates a significant decrease from 64.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.25% in the past 14 days, which was higher than the 63.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8880, while its 200-day Moving Average is $2.1846. Nevertheless, the first resistance level for the watch stands at $1.7533 in the near term. At $1.8567, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.9233. If the price goes on to break the first support level at $1.5833, it is likely to go to the next support level at $1.5167. Now, if the price goes above the second support level, the third support stands at $1.4133.
W & T Offshore Inc (NYSE: WTI) Key Stats
With a market capitalization of 243.14 million, the company has a total of 147,358K Shares Outstanding. Currently, annual sales are 532,660 K while annual income is 15,600 K. The company’s previous quarter sales were 121,370 K while its latest quarter income was -36,920 K.
