Market Insight: Oil States International, Inc. (OIS)’s Notable Gain, Closing at 4.48

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In the latest session, Oil States International, Inc. (NYSE: OIS) closed at $4.48 up 0.67% from its previous closing price of $4.45. In other words, the price has increased by $0.67 from its previous closing price. On the day, 0.62 million shares were traded. OIS stock price reached its highest trading level at $4.58 during the session, while it also had its lowest trading level at $4.44.

Ratios:

For a deeper understanding of Oil States International, Inc.’s stock, let’s take a closer look at its various 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 285770240 and an Enterprise Value of 411112128. 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 0.544 whereas that against EBITDA is 5.64.

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 -7.10%, while the 200-Day Moving Average is calculated to be -17.33%.

Shares Statistics:

For the past three months, OIS has traded an average of 815.86K shares per day and 674290 over the past ten days. 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 84.04% stake in the company. Shares short for OIS as of 1724976000 were 1743145 with a Short Ratio of 2.14, compared to 1722384000 on 2259914. Therefore, it implies a Short% of Shares Outstanding of 1743145 and a Short% of Float of 3.52.

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