W&T Offshore Inc. (NYSE:WTI) went up by 3.06% from its latest closing price compared to the recent 1-year high of $5.14. The company’s stock price has collected -16.06% of loss in the last five trading sessions. Press Release reported on 06/07/21 that W&T Offshore Announces Participation in Upcoming Investor Conferences
Is It Worth Investing in W&T Offshore Inc. (NYSE :WTI) Right Now?
Plus, the 36-month beta value for WTI is at 3.31. Opinions of the stock are interesting as 1 analysts out of 2 who provided ratings for W&T Offshore Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $5.10, which is $1.04 above the current price. WTI currently public float of 92.91M and currently shorts hold a 10.13% ratio of that float. Today, the average trading volume of WTI was 2.44M shares.
WTI’s Market Performance
WTI stocks went down by -16.06% for the week, with a monthly drop of -15.10% and a quarterly performance of 22.04%, while its annual performance rate touched 52.67%. The volatility ratio for the week stands at 7.04% while the volatility levels for the past 30 days are set at 5.17% for W&T Offshore Inc.. The simple moving average for the period of the last 20 days is -17.97% for WTI stocks with a simple moving average of 21.95% for the last 200 days.
Analysts’ Opinion of WTI
Stifel gave a rating of “Hold” to WTI, setting the target price at $2 in the report published on March 09th of the previous year.
WTI Trading at -12.38% from the 50-Day Moving Average
After a stumble in the market that brought WTI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.82% of loss for the given period.
Volatility was left at 5.17%, however, over the last 30 days, the volatility rate increased by 7.04%, as shares sank -20.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.63% upper at present.
During the last 5 trading sessions, WTI fell by -16.06%, which changed the moving average for the period of 200-days by +104.97% in comparison to the 20-day moving average, which settled at $4.48. In addition, W&T Offshore Inc. saw 70.97% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at WTI starting from Stanley B Frank, who purchase 15,000 shares at the price of $3.60 back on May 10. After this action, Stanley B Frank now owns 266,831 shares of W&T Offshore Inc., valued at $54,000 using the latest closing price.
Stock Fundamentals for WTI
Current profitability levels for the company are sitting at:
- +0.23 for the present operating margin
- +12.27 for the gross margin
The net margin for W&T Offshore Inc. stands at +10.78. The total capital return value is set at 0.18, while invested capital returns managed to touch 8.27.
When we switch over and look at the enterprise to sales, we see a ratio of 2.60, with the company’s debt to enterprise value settled at 0.71. The receivables turnover for the company is 5.40 and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.93.