A new trading day began on Tuesday, with W & T Offshore Inc (NYSE: WTI) stock price down -5.81% from the previous day of trading, before settling in for the closing price of $1.55. WTI’s price has ranged from $1.30 to $2.84 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 9.46% over the last five years. Meanwhile, its annual earnings per share averaged -9.42%. With a float of $97.88 million, this company’s outstanding shares have now reached $147.37 million.
The firm has a total of 400 workers. Let’s measure their productivity. In terms of profitability, gross margin is 36.72%, operating margin of -8.03%, and the pretax margin is -18.49%.
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 33.70%, while institutional ownership is 36.63%.
W & T Offshore Inc (WTI) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -9.42% 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 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.59, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.47 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 0.97 million was lower than the volume posted last year of 1.42 million. As of the previous 9 days, the stock’s Stochastic %D was 12.37%. 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 13.45%, which indicates a significant increase from 6.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.22% in the past 14 days, which was lower than the 55.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6192, while its 200-day Moving Average is $1.9683. Now, the first resistance to watch is $1.5167. This is followed by the second major resistance level at $1.5733. The third major resistance level sits at $1.6067. If the price goes on to break the first support level at $1.4267, it is likely to go to the next support level at $1.3933. Now, if the price goes above the second support level, the third support stands at $1.3367.
W & T Offshore Inc (NYSE: WTI) Key Stats
With a market capitalization of 215.55 million, the company has a total of 147,636K Shares Outstanding. Currently, annual sales are 525,260 K while annual income is -87,150 K. The company’s previous quarter sales were 120,350 K while its latest quarter income was -23,360 K.
