Closing Bell Recap: Oil States International, Inc (OIS) Ends at 3.59, Reflecting a 4.97 Upturn

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

Oil States International, Inc (NYSE: OIS) closed the day trading at $3.59 up 4.97% from the previous closing price of $3.42. In other words, the price has increased by $4.97 from its previous closing price. On the day, 1.06 million shares were traded. OIS stock price reached its highest trading level at $3.67 during the session, while it also had its lowest trading level at $3.44.

Ratios:

For a better understanding of OIS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.54. 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.

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 222642464 and an Enterprise Value of 306917568. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 0.32. Its current Enterprise Value per Revenue stands at 0.443 whereas that against EBITDA is 4.935.

Stock Price History:

The Beta on a monthly basis for OIS is 1.85, which has changed by -0.35431653 over the last 52 weeks, in comparison to a change of 0.0635103 over the same period for the S&P500. Over the past 52 weeks, OIS has reached a high of $5.86, while it has fallen to a 52-week low of $3.08. The 50-Day Moving Average of the stock is -25.74%, while the 200-Day Moving Average is calculated to be -27.18%.

Shares Statistics:

Over the past 3-months, OIS traded about 777.84K shares per day on average, while over the past 10 days, OIS traded about 1135320 shares per day. A total of 61.49M shares are outstanding, with a floating share count of 57.63M. Insiders hold about 7.08% of the company’s shares, while institutions hold 80.19% stake in the company. Shares short for OIS as of 1743379200 were 975937 with a Short Ratio of 1.25, compared to 1740700800 on 1133926. Therefore, it implies a Short% of Shares Outstanding of 975937 and a Short% of Float of 1.8800000000000001.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Most Popular