W & T Offshore Inc (NYSE: WTI) kicked off on Friday, up 3.54% from the previous trading day, before settling in for the closing price of $1.13. Over the past 52 weeks, WTI has traded in a range of $1.09-$2.84.
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 9.46% over the last five years. 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.
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) Insider Activity
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 36.65%.
W & T Offshore Inc (WTI) Earnings and Forecasts
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 0.33.
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 2.43 million was better than the volume posted last year of 1.52 million. As of the previous 9 days, the stock’s Stochastic %D was 17.80%. Additionally, its Average True Range was 0.10.
During the past 100 days, W & T Offshore Inc’s (WTI) raw stochastic average was set at 8.25%, which indicates a significant decrease from 13.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.67% in the past 14 days, which was higher than the 57.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5466, while its 200-day Moving Average is $1.9342. Now, the first resistance to watch is $1.2000. This is followed by the second major resistance level at $1.2300. The third major resistance level sits at $1.2700. If the price goes on to break the first support level at $1.1300, it is likely to go to the next support level at $1.0900. Should the price break the second support level, the third support level stands at $1.0600.
W & T Offshore Inc (NYSE: WTI) Key Stats
The company with the Market Capitalisation of 172.74 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.
