Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. W & T Offshore Inc’s current trading price is -48.44% away from its 52-week high, while its distance from the 52-week low is 0.91%. The stock’s price range during this period has varied between $2.32 and $4.54. The company, active in the Energy sector, saw a trading volume of around 1.65 million for the day, considerably lower average daily volume of 2.8 million observed over the last three months.
W & T Offshore Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $4.54 on 05/08/23, while the lowest price during the same period was $2.32 on 04/25/24.
How Financial Performance Impacts Market Capitalization
W & T Offshore Inc (WTI) has experienced a quarterly decline of -26.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 343.80M and boasts a workforce of 395 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.88, with a change in price of -1.04. Similarly, W & T Offshore Inc recorded 2,819,375 in trading volume during the last 100 days, posting a change of -31.14%.
How WTI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for WTI stands at 12.92. Similarly, the long-term debt-to-equity ratio is also 11.93.
WTI Stock Stochastic Average
As of today, the raw stochastic average of W & T Offshore Inc over the last 50 days is at 0.00%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 0.00%. Further, the company’s Stochastic %K and %D values for the last 20 days were 12.00% and 11.99%, respectively.
WTI Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -28.19%. However, over the past six months, we’ve seen a stronger performance of -41.77%. The price of WTI leaped by -4.84% over the last 30 days. And in the last five days, it has fallen by -1.64%.
