Closing Bell Recap: Oil States International, Inc. (OIS) Ends at 4.60, Reflecting a 0.44 Upturn

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Oil States International, Inc. (NYSE: OIS) closed the day trading at $4.60 up 0.44% from the previous closing price of $4.58. In other words, the price has increased by $0.44 from its previous closing price. On the day, 0.51 million shares were traded. OIS stock price reached its highest trading level at $4.675 during the session, while it also had its lowest trading level at $4.545.

Ratios:

For a better understanding of OIS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.75 and its Current Ratio is at 3.26. 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 293424800 and an Enterprise Value of 418766688. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at 0.554 whereas that against EBITDA is 5.745.

Stock Price History:

Over the past 52 weeks, OIS has reached a high of $8.87, while it has fallen to a 52-week low of $3.91. The 50-Day Moving Average of the stock is -6.48%, while the 200-Day Moving Average is calculated to be -13.05%.

Shares Statistics:

Over the past 3-months, OIS traded about 785.10K shares per day on average, while over the past 10 days, OIS traded about 594970 shares per day. A total of 63.33M shares are outstanding, with a floating share count of 60.09M. Insiders hold about 5.80% of the company’s shares, while institutions hold 82.92% stake in the company. Shares short for OIS as of 1726185600 were 1688648 with a Short Ratio of 2.15, compared to 1723680000 on 2117319. Therefore, it implies a Short% of Shares Outstanding of 1688648 and a Short% of Float of 3.4099999999999997.

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