Currently, there are 63.11M common shares owned by the public and among those 59.14M shares have been available to trade.
The company’s stock has a 5-day price change of 10.60% and 22.65% over the past three months. OIS shares are trading 13.44% year to date (YTD), with the 12-month market performance down to -2.05% lower. It has a 12-month low price of $3.91 and touched a high of $6.57 over the same period. OIS has an average intraday trading volume of 580.43K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 12.15%, 9.36%, and 17.71% respectively.
Institutional ownership of Oil States International, Inc (NYSE: OIS) shares accounts for 78.32% of the company’s 63.11M shares outstanding.
It has a market capitalization of $362.26M and a beta (3y monthly) value of 2.62. The earnings-per-share (ttm) stands at -$0.33. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.99% over the week and 4.51% over the month.
Earnings per share for the fiscal year are expected to decrease by -27.80%, and 136.22% over the next financial year.
Looking at the support for the OIS, a number of firms have released research notes about the stock. Raymond James stated their Outperform rating for the stock in a research note on September 07, 2023, with the firm’s price target at $10. Piper Sandler coverage for the Oil States International, Inc (OIS) stock in a research note released on March 07, 2022 offered a Overweight rating with a price target of $8. JP Morgan on their part issued Neutral rating on February 21, 2020.
