The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price decrease of -26.52%. However, over the past six months, we’ve seen a stronger performance of -43.45%. The price of WTI leaped by -2.15% over the last 30 days. And in the last five days, it has fallen by -0.49%.
The stock price for W&T Offshore Inc. (WTI) currently stands at $4.10. The stock experienced a substantial increase in the last session, hitting $4.30 after starting at $4.25. The stock’s lowest price was $4.07 before closing at $4.36.
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W&T Offshore Inc. saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $9.16 on 11/07/22, while the lowest price for the same duration was marked at $3.57 on 07/06/22.
52-week price history of WTI Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. W&T Offshore Inc.’s current trading price is -55.24% away from its 52-week high, while its distance from the 52-week low is 14.85%. The stock’s price range during this period has varied between$3.57 and $9.16. The W&T Offshore Inc.’s shares, which operate in the Energy, saw a trading volume of around 1.9 million for the day, a figure considerably lower than their average daily volume of 2.84 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
W&T Offshore Inc. (WTI) has experienced a quarterly decline of -27.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 591.83M and boasts a workforce of 365 employees.
W&T Offshore Inc.: Analysts’ Ratings Unveiled
As of right now, 1 analyst is rating W&T Offshore Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.18, with a change in price of -1.48. Similarly, W&T Offshore Inc. recorded 2,748,292 in trading volume during the last 100 days, posting a change of -26.52%.
WTI’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for WTI stands at 11.59. Similarly, the long-term debt-to-equity ratio is also 10.70.
WTI Stock Stochastic Average
As of today, W&T Offshore Inc.’s raw stochastic average for the last 50 days stands at 11.49%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 31.25%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 59.38% and 65.56%, respectively.