Trading Day Review: Oil States International, Inc. (OIS) Gains Momentum, Closing at 5.72

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The price of Oil States International, Inc. (NYSE: OIS) closed at $5.72 in the last session, up 3.06% from day before closing price of $5.55. In other words, the price has increased by $3.06 from its previous closing price. On the day, 1.6 million shares were traded. OIS stock price reached its highest trading level at $5.83 during the session, while it also had its lowest trading level at $5.57.

Ratios:

We take a closer look at OIS’s different ratios to gain a better understanding of the stock. 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 364867360 and an Enterprise Value of 479365280. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 0.634 whereas that against EBITDA is 6.576.

Stock Price History:

Over the past 52 weeks, OIS has reached a high of $8.92, while it has fallen to a 52-week low of $3.91. The 50-Day Moving Average of the stock is 30.10%, while the 200-Day Moving Average is calculated to be -1.00%.

Shares Statistics:

According to the various share statistics, OIS traded on average about 969.57K shares per day over the past 3-months and 1027500 shares per day over the past 10 days. A total of 63.33M shares are outstanding, with a floating share count of 60.12M. Insiders hold about 5.76% of the company’s shares, while institutions hold 87.09% stake in the company. Shares short for OIS as of 1721001600 were 2291041 with a Short Ratio of 2.36, compared to 1718323200 on 2910331. Therefore, it implies a Short% of Shares Outstanding of 2291041 and a Short% of Float of 4.5900002.

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