W & T Offshore Inc [NYSE: WTI] surged by $0.16 during the normal trading session on while it closed the day at $2.23.
W & T Offshore Inc stock has also gained 23.89% of its value over the past 7 days. However, WTI stock has inclined by 41.14% in the 3 months of the year. Over the past six months meanwhile, it has gained 26.70% and gained 34.34% year-on date.
The market cap for WTI stock reached $329.26 million, with 147.64 million shares outstanding and 97.43 million shares in the current float. Compared to the average trading volume of 1.63M shares, WTI reached a trading volume of 6084549 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about W & T Offshore Inc [WTI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WTI shares is $6.12 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WTI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stifel have made an estimate for W & T Offshore Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 25, 2022. While these analysts kept the previous recommendation, Stifel raised their target price from $5.10 to $6.90. The new note on the price target was released on October 20, 2021, representing the official price target for W & T Offshore Inc stock.
The Average True Range (ATR) for W & T Offshore Inc is set at 0.12, with the Price to Sales ratio for WTI stock in the period of the last 12 months amounting to 0.64. Price to Free Cash Flow for WTI in the course of the last twelve months was 50.42 with Quick ratio for the last quarter at 1.18.
WTI stock trade performance evaluation
W & T Offshore Inc [WTI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 23.89. With this latest performance, WTI shares gained by 52.74% in over the last four-week period, additionally plugging by 26.70% over the last 6 months – not to mention a rise of 7.21% in the past year of trading.
#####
W & T Offshore Inc [WTI]: An insightful look at the core fundamentals
W & T Offshore Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.18 and a Current Ratio set at 1.18.
W & T Offshore Inc [WTI]: Institutional Ownership
The top three institutional holders of WTI stocks are: BLACKROCK INC. with ownership of 8.22 million shares, which is approximately 5.5968%. VANGUARD GROUP INC, holding 7.11 million shares of the stock with an approximate value of $$15.22 million in WTI stocks shares; and VANGUARD GROUP INC, currently with $$10.19 million in WTI stock with ownership which is approximately 3.2419%.
