Currently, there are 147.64M common shares owned by the public and among those 97.43M shares have been available to trade.
The company’s stock has a 5-day price change of 23.89% and 41.14% over the past three months. WTI shares are trading 34.34% year to date (YTD), with the 12-month market performance up to 7.21% higher. It has a 12-month low price of $1.09 and touched a high of $2.84 over the same period. WTI has an average intraday trading volume of 1.63 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 33.37%, 57.40%, and 27.84% respectively.
Institutional ownership of W & T Offshore Inc (NYSE: WTI) shares accounts for 37.56% of the company’s 147.64M shares outstanding.
It has a market capitalization of $329.26M and a beta (3y monthly) value of 0.68. The earnings-per-share (ttm) stands at -$0.72. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.10% over the week and 3.83% over the month.
Earnings per share for the fiscal year are expected to increase by 2.17%, and -13.33% over the next financial year.
Looking at the support for the WTI, a number of firms have released research notes about the stock. Stifel stated their Buy rating for the stock in a research note on October 25, 2022, with the firm’s price target at $9.10. Stifel coverage for the W & T Offshore Inc (WTI) stock in a research note released on October 20, 2021 offered a Buy rating with a price target of $6.90. Stifel on their part issued Hold rating on March 09, 2020.
