W & T Offshore Inc (NYSE:WTI) price on Wednesday, April 30, fall -3.36% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.15.
A look at the stock’s price movement, the close in the last trading session was $1.19, moving within a range at $1.14 and $1.18. The beta value (5-Year monthly) was 0.946. Turning to its 52-week performance, $2.84 and $1.09 were the 52-week high and 52-week low respectively. Overall, WTI moved -25.81% over the past month.
W & T Offshore Inc’s market cap currently stands at around $169.80 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-02. The company has a Forward Dividend ratio of 0.04, with its dividend yield at 3.48%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 123.91M for the company’s revenue for the quarter, with a low and high estimate of 123.91M and 123.91M respectively. The average forecast suggests down to a -11.99% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 560.39M, representing a 6.69% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that WTI is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
WTI’s current price about -3.28% and -19.77% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 36.60, while 7-day volatility ratio is 3.47% and 6.85% in the 30-day chart. Further, W & T Offshore Inc (WTI) has a beta value of 0.52, and an average true range (ATR) of 0.07.
If we refocus on W & T Offshore Inc (NYSE:WTI), historical trading data shows that trading volumes averaged 1.12 over the past 10 days and 1.31 million over the past 3 months. The company’s latest data on shares outstanding shows there are 147.37 million shares.
The 33.70% of W & T Offshore Inc’s shares are in the hands of company insiders while institutional holders own 36.43% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 21.23 million on 2025-04-15, giving us a short ratio of 13.76. The data shows that as of 2025-04-15 short interest in W & T Offshore Inc (WTI) stood at 2164.0 of shares outstanding, with shares short rising to 21.19 million registered in 2025-03-14. Current price change has pushed the stock -30.72% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the WTI stock continues to rise going into the next quarter.
