Moving Average Convergence Divergence Analysis of W&T Offshore Inc. (NYSE:WTI)

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of W&T Offshore Inc. (NYSE:WTI) for the period of 9-Day stands at 41.95% while the stochastic %D for the same period stands at 39.54%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of W&T Offshore Inc. (NYSE:WTI) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for W&T Offshore Inc. (NYSE:WTI) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently W&T Offshore Inc. (NYSE:WTI)’s 20-Day Bollinger Band indicates “Hold”.

About Company

W&T Offshore is an independent oil and natural gas company focused primarily in the Gulf of Mexico area, including the deep water. They have grown through acquisition, exploitation and exploration.  W&T has grown through acquisition, exploitation and exploration and now holds working interests in over two hundred fields in federal and state waters and a majority of its daily production is derived from wells it operates.

Previous Day Activity Analysis

On the last trading day, W&T Offshore Inc. (NYSE:WTI) opened the session at $3.08 and after going up 2.31% closed at $3.1. The stock gained 0.02 points in the last trade.

W&T Offshore Inc. (NYSE:WTI)’s stock fluctuated in the range of $3.07 and $3.15 during the previous active session. W&T Offshore Inc. (NYSE:WTI) traded with the volume of 1.73 Million with average volume of 2.37 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 2.51 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.19 and 61.21 respectively.

Currently the Insider Ownership of the shares of W&T Offshore Inc. (NYSE:WTI) is at 0.6% and the shares outstanding are 134.71 Million.

Important Ratio Analysis

Some important ratios to consider here for W&T Offshore Inc. (NYSE:WTI) are discussed below:

Dividend yield of W&T Offshore Inc. (NYSE:WTI) stands at 0% whereas Price to Earnings P/E ratio stands at 2.99 while Forward P/E shows the value of 9.9.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 0.89 and 0 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 5.78 and 4.63 correspondingly.

The Quick Ratio of W&T Offshore Inc. (NYSE:WTI) stands at 1.1 while the Current Ratio depicts the value of 1.1.

Return on Assets ROA of W&T Offshore Inc. (NYSE:WTI) is at 14.2% whereas, Return on Equity ROE and Return of Investment ROI of W&T Offshore Inc. (NYSE:WTI) stand at -18.7% and -45.1% respectively.

Stock Performance Analysis

The stock performance of W&T Offshore Inc. (NYSE:WTI) on the basis of 5 day trade show the jump of 1.31% whereas, the monthly performance of the stock shows increase of 25%.

The quarterly performance of the stock remained in green zone with the value of 55% while six month performance of the shares of W&T Offshore Inc. (NYSE:WTI) remained bullish with the count of 23.02%.

The yearly and YTD performance of W&T Offshore Inc. (NYSE:WTI) remained up at 96.2% and 11.91% respectively.