Oil States International, Inc (NYSE: OIS) is -6.32% lower on its value in year-to-date trading and has touched a low of $3.91 and a high of $6.53 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OIS stock was last observed hovering at around $5.37 in the last trading session, with the day’s loss setting it -0.63%.
Currently trading at $4.74, the stock is -9.85% and -9.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.0 million and changing -11.73% at the moment leaves the stock -2.60% off its SMA200. OIS registered -21.78% loss for a year compared to 6-month gain of -5.58%.
The stock witnessed a -15.66% loss in the last 1 month and extending the period to 3 months gives it a -11.57%, and is -13.03% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.84% over the week and 4.19% over the month.
Oil States International, Inc (OIS) has around 2439 employees, a market worth around $299.15M and $692.59M in sales. Fwd P/E is 9.87. Profit margin for the company is -1.63%. Distance from 52-week low is 21.23% and -27.41% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.37%).
with sales reaching $160.53M over the same period.The EPS is expected to grow by 113.73% this year, but quarterly earnings will post 5.98% year-over-year. Quarterly sales are estimated to shrink -4.02% in year-over-year returns.
Oil States International, Inc (OIS) Top Institutional Holders
The shares outstanding are 63.11M, and float is at 59.31M with Short Float at 2.12%.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.19 million shares valued at $31.91 million. The investor’s holdings represent 11.4988% of the OIS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.42 million shares valued at $$15.2 million to account for 5.4776 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 3.22 million shares representing 5.144% and valued at over $14.27 million, while D. E. SHAW & CO., INC. holds 4.8738 of the shares totaling 3.05 million with a market value of $13.53 million.
Oil States International, Inc (OIS) Insider Activity
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