W & T Offshore Inc (WTI) concluded trading on Tuesday at a closing price of $1.53, with 2.76 million shares of worth about $4.23 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -27.62% during that period and on December 24, 2024 the price saw a gain of about 1.32%. Currently the company’s common shares owned by public are about 147.34M shares, out of which, 97.78M shares are available for trading.
Stock saw a price change of -3.18% in past 5 days and over the past one month there was a price change of -22.84%. Year-to-date (YTD), WTI shares are showing a performance of -53.37% which decreased to -54.08% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.33 but also hit the highest price of $3.44 during that period. The average intraday trading volume for W & T Offshore Inc shares is 2.20 million. The stock is currently trading -10.71% below its 20-day simple moving average (SMA20), while that difference is down -21.31% for SMA50 and it goes to -30.95% lower than SMA200.
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W & T Offshore Inc (NYSE: WTI) currently have 147.34M outstanding shares and institutions hold larger chunk of about 35.39% of that.
The stock has a current market capitalization of $228.45M and its 3Y-monthly beta is at 1.35. It has posted earnings per share of -$0.44 in the same period. It has Quick Ratio of 0.98. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WTI, volatility over the week remained 10.40% while standing at 5.98% over the month.
Stock’s fiscal year EPS is expected to drop by -330.00% while it is estimated to increase by 31.78% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Stifel on October 25, 2022 offering a Buy rating for the stock and assigned a target price of $9.10 to it. Coverage by Stifel stated W & T Offshore Inc (WTI) stock as a Buy in their note to investors on October 20, 2021, suggesting a price target of $6.90 for the stock. Stock get a Hold rating from Stifel on March 09, 2020.
