In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Oil States International, Inc. (NYSE: OIS) closed at $4.42 down -2.00% from its previous closing price of $4.51. In other words, the price has decreased by -$2.00 from its previous closing price. On the day, 1.16 million shares were traded. OIS stock price reached its highest trading level at $4.52 during the session, while it also had its lowest trading level at $4.42.
Ratios:
For a deeper understanding of Oil States International, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.74. For the most recent quarter (mrq), Quick Ratio is recorded 1.83 and its Current Ratio is at 3.31. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.23.
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 283831200 and an Enterprise Value of 429544576. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 0.57 whereas that against EBITDA is 5.738.
Stock Price History:
Over the past 52 weeks, OIS has reached a high of $9.02, while it has fallen to a 52-week low of $3.95. The 50-Day Moving Average of the stock is -20.31%, while the 200-Day Moving Average is calculated to be -35.12%.
Shares Statistics:
For the past three months, OIS has traded an average of 1.71M shares per day and 2344660 over the past ten days. A total of 63.33M shares are outstanding, with a floating share count of 60.72M. Insiders hold about 5.44% of the company’s shares, while institutions hold 89.93% stake in the company. Shares short for OIS as of 1713139200 were 1593752 with a Short Ratio of 0.93, compared to 1710460800 on 3710464. Therefore, it implies a Short% of Shares Outstanding of 1593752 and a Short% of Float of 3.19.
