Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Oil States International, Inc (NYSE: OIS) was $4.78 for the day, down -0.62% from the previous closing price of $4.81. In other words, the price has decreased by -$0.62 from its previous closing price. On the day, 0.77 million shares were traded. OIS stock price reached its highest trading level at $4.89 during the session, while it also had its lowest trading level at $4.765.
Ratios:
Our analysis of OIS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.86. For the most recent quarter (mrq), Quick Ratio is recorded 1.91 and its Current Ratio is at 3.42. 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 295732864 and an Enterprise Value of 377841952. As of this moment, Oil’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.13, and their Forward P/E ratio for the next fiscal year is 8.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at 0.551 whereas that against EBITDA is 5.763.
Stock Price History:
The Beta on a monthly basis for OIS is 1.83, which has changed by 0.03913045 over the last 52 weeks, in comparison to a change of 0.11241627 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 8.63%, while the 200-Day Moving Average is calculated to be -2.43%.
Shares Statistics:
OIS traded an average of 905.90K shares per day over the past three months and 862120 shares per day over the past ten days. A total of 61.87M shares are outstanding, with a floating share count of 57.23M. Insiders hold about 7.50% of the company’s shares, while institutions hold 83.44% stake in the company. Shares short for OIS as of 1745971200 were 1327172 with a Short Ratio of 1.47, compared to 1743379200 on 975937. Therefore, it implies a Short% of Shares Outstanding of 1327172 and a Short% of Float of 2.56.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
