On Monday, W & T Offshore Inc (NYSE: WTI) was 6.08% up from the session before settling in for the closing price of $1.48. A 52-week range for WTI has been $1.09 – $2.84.
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During the last 5-year period, the sales drop of Energy Sector giant was -0.36%. When this article was written, the company’s average yearly earnings per share was at -9.42%. With a float of $97.90 million, this company’s outstanding shares have now reached $147.64 million.
Let’s determine the extent of company efficiency that accounts for 400 employees. In terms of profitability, gross margin is 51.27%, operating margin of -9.81%, and the pretax margin is -23.7%.
W & T Offshore Inc (WTI) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward W & T Offshore Inc stocks. The insider ownership of W & T Offshore Inc is 33.70%, while institutional ownership is 37.57%.
W & T Offshore Inc (WTI) Recent Fiscal highlights
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
You can see what W & T Offshore Inc (WTI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45. Likewise, its price to free cash flow for the trailing twelve months is 35.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.72, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.47 in one year’s time.
Technical Analysis of W & T Offshore Inc (WTI)
Looking closely at W & T Offshore Inc (NYSE: WTI), its last 5-days average volume was 1.51 million, which is a jump from its year-to-date volume of 1.47 million. As of the previous 9 days, the stock’s Stochastic %D was 82.89%. Additionally, its Average True Range was 0.07.
During the past 100 days, W & T Offshore Inc’s (WTI) raw stochastic average was set at 59.26%, which indicates a significant decrease from 76.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.34% in the past 14 days, which was higher than the 59.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3444, while its 200-day Moving Average is $1.7685. However, in the short run, W & T Offshore Inc’s stock first resistance to watch stands at $1.6400. Second resistance stands at $1.7100. The third major resistance level sits at $1.7800. If the price goes on to break the first support level at $1.5000, it is likely to go to the next support level at $1.4300. Now, if the price goes above the second support level, the third support stands at $1.3600.
W & T Offshore Inc (NYSE: WTI) Key Stats
There are 147,652K outstanding shares of the company, which has a market capitalization of 231.81 million. As of now, sales total 525,260 K while income totals -87,150 K. Its latest quarter income was 129,870 K while its last quarter net income were -30,580 K.
