W & T Offshore Inc (NYSE: WTI) kicked off on Tuesday, up 1.94% from the previous trading day, before settling in for the closing price of $1.55. Over the past 52 weeks, WTI has traded in a range of $1.33-$3.16.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Energy sector company grew by 12.17% over the past five years. While this was happening, its average annual earnings per share was recorded -353.33%. With a float of $97.73 million, this company’s outstanding shares have now reached $147.34 million.
Let’s look at the performance matrix of the company that is accounted for 395 employees. 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) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of W & T Offshore Inc is 33.68%, while institutional ownership is 35.33%.
W & T Offshore Inc (WTI) Latest Financial update
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 -353.33% per share during the next fiscal year.
W & T Offshore Inc (NYSE: WTI) Trading Performance Indicators
Take a look at W & T Offshore Inc’s (WTI) current performance indicators. Last quarter, 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 0.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.44, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach -0.46 in one year’s time.
Technical Analysis of W & T Offshore Inc (WTI)
W & T Offshore Inc (NYSE: WTI) saw its 5-day average volume 0.99 million, a negative change from its year-to-date volume of 1.82 million. As of the previous 9 days, the stock’s Stochastic %D was 13.73%. Additionally, its Average True Range was 0.09.
During the past 100 days, W & T Offshore Inc’s (WTI) raw stochastic average was set at 16.56%, which indicates a significant increase from 15.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.22% in the past 14 days, which was lower than the 62.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.7284, while its 200-day Moving Average is $2.0997. Nevertheless, the first resistance level for the watch stands at $1.6067 in the near term. At $1.6333, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.6767. If the price goes on to break the first support level at $1.5367, it is likely to go to the next support level at $1.4933. The third support level lies at $1.4667 if the price breaches the second support level.
W & T Offshore Inc (NYSE: WTI) Key Stats
The company with the Market Capitalisation of 232.82 million has total of 147,358K Shares Outstanding. Its annual sales at the moment are 532,660 K in contrast with the sum of 15,600 K annual income. Company’s last quarter sales were recorded 121,370 K and last quarter income was -36,920 K.
