W&T Offshore Inc. (WTI): Deep Analysis of ATR Factor For WTI

ROTH Capital announced it was Upgrade coverage of W&T Offshore Inc. in a research note on April 17, 2020. The analysts assigned a Buy rating to the stock. Stifel rated the stock as a Hold in a research noted published on March 09, 2020. Stifel rated the stock as a Buy in a research note published on March 08, 2019.

KROHN TRACY W, the Chairman, CEO & President of W&T Offshore Inc., bought 0.19 million shares at the valuation of $2.15 during an exchange that occurred on Jul 09, which implies that KROHN TRACY W is holding 47,582,308 shares at the estimation of $410,306 dependent on the most recent closing price.

In another transaction, on Jul 08, Chairman, CEO & President of W&T Offshore Inc., KROHN TRACY W, bought 0.35 million shares at the price of $2.15. After this activity, KROHN TRACY W now keeps 47,391,459 shares of W&T Offshore Inc., esteemed at $744,670 with the most recent shutting price.

WTI Recent Trade

The share price of WTI descended by -$0.18 during the exchanging session on 07/22/20 to exchange at $2.48. W&T Offshore Inc. stock has an exchanging volume of 5.92 million shares, which is low, contrasted with its 3-months average volume of 6.76M shares. Its market capitalization has now reached to $365.87M and analysts have a consensus target price of $3.55 in the 12-month period.

WTI Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, WTI price has dropped by -4.62%. In the course of past three months sees the stock go up around 4.64%, while it has lost -48.23% over the past six months and -55.40% since the start of the year.

WTI Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Jun 2020), the firm recorded a revenue of 124.13 billion, which was higher than the gauge of 82.89M made by certain experts. For that equivalent quarter, W&T Offshore Inc. posted $0.04 earnings per share (EPS) which was above the consensus estimate of $0.02 by $0.02, which represents to an expansion by 100.00%.

WTI Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on W&T Offshore Inc. has seen its stock exchanging -37.53% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +17.54% above its three-month low. A more extensive look sees WTI exchanging -59.34% beneath its 52-week high and 131.78% above from its 52-week low price.

WTI Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 6.50%, while it has a month to month instability of 6.96%. Ticker has an ATR (Average True Range) of 0.18 and a beta factor of 3.27.

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