W & T Offshore Inc (NYSE: WTI) on Monday, plunged -8.38% from the previous trading day, before settling in for the closing price of $1.67. Within the past 52 weeks, WTI’s price has moved between $1.33 and $3.10.
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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%. The company achieved an average annual earnings per share of -9.78%. With a float of $97.70 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
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 33.70%, while institutional ownership is 36.73%.
W & T Offshore Inc (WTI) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -9.78% 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 0.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.44, a number that is poised to hit -0.07 in the next quarter
Technical Analysis of W & T Offshore Inc (WTI)
Compared to the last year’s volume of 1.47 million, its volume of 1.06 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 23.91%. 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 13.25%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.61% in the past 14 days, which was higher than the 61.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6680, while its 200-day Moving Average is $2.0400. Nevertheless, the first resistance level for the watch stands at $1.6200 in the near term. At $1.7100, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.7550. If the price goes on to break the first support level at $1.4850, it is likely to go to the next support level at $1.4400. Now, if the price goes above the second support level, the third support stands at $1.3500.
W & T Offshore Inc (NYSE: WTI) Key Stats
Market capitalization of the company is 225.46 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.
