W & T Offshore Inc (NYSE:WTI) traded at $1.77 at close of the session on Tuesday, June 24 and made a downward move of -13.66% on its previous day’s price.
Looking at the stock we see that its previous close was $2.05 and the beta (5Y monthly) reads 0.652 with the day’s price range being $1.71 – $1.97. In terms of its 52-week price range, WTI has a high of $2.84 and a low of $1.09. The company’s stock has gained about 28.26% over that past 30 days.
W & T Offshore Inc has a market cap of $261.35 million and is expected to release its quarterly earnings report on 2025-May-06. With its Forward Dividend at 0.04 and a yield of 2.26%, the company’s investors could be anxious for the WTI stock to gain ahead of the earnings release.
On the other hand, looking at the outlook for the WTI stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is -2.07% off its SMA20 and 18.90% from its 50-day simple moving average. The RSI (14) is pointing at 49.73 while the volatility over the past week is 8.64% and jumps to 6.00% over the past one month.
Coming back to W & T Offshore Inc (NYSE:WTI), we note that the average 3-month trading volume was 2.04 million, while that of the preceding 10-day period stands at 5.68 million. Current shares outstanding are 147.64 million.
The insiders hold 34.01% of the company’s shares while institutions hold 37.56%. The data shows that short shares as of 2025-05-30, stood at 23.91 million at a short ratio of 17.13. This represents a 2438.00 short interest in shares outstanding on 2025-05-30. Shares short rose in May from the previous month at 22.53 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -16.51% down in year-to-date price movement.
