W & T Offshore Inc (NYSE: WTI) kicked off on Tuesday, down -8.06% from the previous trading day, before settling in for the closing price of $1.24. Over the past 52 weeks, WTI has traded in a range of $1.17-$2.84.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 9.46%. While this was happening, its average annual earnings per share was recorded -9.42%. With a float of $97.89 million, this company’s outstanding shares have now reached $147.37 million.
Considering the fact that the conglomerate employs 400 people, you should pay attention to its efficiency factor. 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
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 33.70%, while institutional ownership is 36.61%.
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
Take a look at W & T Offshore Inc’s (WTI) current performance indicators. Last quarter, 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 0.32.
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)
Compared to the last year’s volume of 1.48 million, its volume of 2.23 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 14.28%. 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 0.00%, 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 56.04% in the past 14 days, which was higher than the 53.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5736, while its 200-day Moving Average is $1.9488. Nevertheless, the first resistance level for the watch stands at $1.2533 in the near term. At $1.3667, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.4233. If the price goes on to break the first support level at $1.0833, it is likely to go to the next support level at $1.0267. Now, if the price goes above the second support level, the third support stands at $0.9133.
W & T Offshore Inc (NYSE: WTI) Key Stats
The company with the Market Capitalisation of 168.30 million has total of 147,636K Shares Outstanding. Its annual sales at the moment are 525,260 K in contrast with the sum of -87,150 K annual income. Company’s last quarter sales were recorded 120,350 K and last quarter income was -23,360 K.
