W & T Offshore Inc [WTI] stock is trading at $2.50, down -2.72%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WTI shares have lost -3.47% over the last week, with a monthly amount drifted -3.47%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Stifel upgraded its rating to Buy on October 20, 2021, and elevated its price target to $6.90. On November 05, 2020, upgrade upgraded it’s rating to Equal Weight. ROTH Capital upgraded its rating to a Buy. Stifel downgraded its rating to a Hold and reduced its price target to $2 on March 09, 2020. Stifel started tracking with a Buy rating for this stock on March 08, 2019, and assigned it a price target of $10. In a note dated May 23, 2018, ROTH Capital initiated an Neutral rating and provided a target price of $8.75 on this stock.
W & T Offshore Inc [WTI] stock has fluctuated between $2.45 and $5.18 over the past year. W & T Offshore Inc [NYSE: WTI] shares were valued at $2.50 at the most recent close of the market.
Analyzing the WTI fundamentals
W & T Offshore Inc [NYSE:WTI] reported sales of 532.66M for the trailing twelve months, which represents a drop of -30.24%. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.52 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 12.92.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.47 points at the first support level, and at 2.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.55, and for the 2nd resistance point, it is at 2.60.
Ratios To Look Out For
For context, W & T Offshore Inc’s Current Ratio is 1.22. As well, the Quick Ratio is 1.22, while the Cash Ratio is 0.8. Considering the valuation of this stock, the price to sales ratio is 0.69, the price to book ratio is 11.75 and price to earnings (TTM) ratio is 24.20.
