W & T Offshore Inc (NYSE: WTI) on Monday, soared 5.16% from the previous trading day, before settling in for the closing price of $1.55. Within the past 52 weeks, WTI’s price has moved between $1.33 and $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
Energy Sector giant saw their annual sales surged by 12.17% over the last five years. The company achieved an average annual earnings per share of -353.33%. With a float of $97.71 million, this company’s outstanding shares have now reached $147.34 million.
The firm has a total of 395 workers. Let’s measure their productivity. 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
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of W & T Offshore Inc is 33.69%, while institutional ownership is 35.09%.
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 -353.33% per share during the next fiscal year.
W & T Offshore Inc (NYSE: WTI) Trading Performance Indicators
W & T Offshore Inc (WTI) is currently performing well based on its current performance indicators. A quick ratio of 0.98 was reported for the most recent quarter. 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 -0.25 in the next quarter and is forecasted to reach -0.46 in one year’s time.
Technical Analysis of W & T Offshore Inc (WTI)
Analysing the last 5-days average volume posted by the [W & T Offshore Inc, WTI], we can find that recorded value of 1.09 million was lower than the volume posted last year of 1.72 million. As of the previous 9 days, the stock’s Stochastic %D was 38.93%. Additionally, its Average True Range was 0.08.
During the past 100 days, W & T Offshore Inc’s (WTI) raw stochastic average was set at 19.87%, which indicates a significant decrease from 39.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.63% in the past 14 days, which was lower than the 62.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6966, while its 200-day Moving Average is $2.0837. Now, the first resistance to watch is $1.6633. This is followed by the second major resistance level at $1.6967. The third major resistance level sits at $1.7433. 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 $1.5367. Now, if the price goes above the second support level, the third support stands at $1.5033.
W & T Offshore Inc (NYSE: WTI) Key Stats
Market capitalization of the company is 240.19 million based on 147,358K outstanding shares. Right now, sales total 532,660 K and income totals 15,600 K. The company made 121,370 K in profit during its latest quarter, and -36,920 K in sales during its previous quarter.
