Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $5.20 in the prior trading day, Oil States International, Inc (NYSE: OIS) closed at $5.21, up 0.19%. In other words, the price has increased by $0.19 from its previous closing price. On the day, 0.54 million shares were traded. OIS stock price reached its highest trading level at $5.25 during the session, while it also had its lowest trading level at $5.06.
Ratios:
Our goal is to gain a better understanding of OIS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.51. For the most recent quarter (mrq), Quick Ratio is recorded 1.80 and its Current Ratio is at 3.16. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.21.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Raymond James on September 07, 2023, initiated with a Outperform rating and assigned the stock a target price of $10.
On March 07, 2022, Piper Sandler Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $8.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OIS now has a Market Capitalization of 323110656 and an Enterprise Value of 406352160. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 0.47. Its current Enterprise Value per Revenue stands at 0.587 whereas that against EBITDA is 6.534.
Stock Price History:
The Beta on a monthly basis for OIS is 1.73, which has changed by -0.16237944 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. Over the past 52 weeks, OIS has reached a high of $6.53, while it has fallen to a 52-week low of $3.91. The 50-Day Moving Average of the stock is -0.08%, while the 200-Day Moving Average is calculated to be 4.87%.
Shares Statistics:
The stock has traded on average 668.11K shares per day over the past 3-months and 664780 shares per day over the last 10 days, according to various share statistics. A total of 61.49M shares are outstanding, with a floating share count of 57.63M. Insiders hold about 7.07% of the company’s shares, while institutions hold 79.44% stake in the company. Shares short for OIS as of 1741910400 were 1147130 with a Short Ratio of 1.72, compared to 1739491200 on 1255274. Therefore, it implies a Short% of Shares Outstanding of 1147130 and a Short% of Float of 2.42.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0