Oil States International, Inc. (OIS) surge 7.23% in a week: will this be a lucky break through?

Oil States International, Inc. (NYSE: OIS) started the day on Wednesday, with a price increase of 2.57% at $6.38, before settling in for the price of $6.22 at the close. Taking a more long-term approach, OIS posted a 52-week range of $5.22-$9.02.

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It was noted that the giant of the Energy sector posted annual sales growth of -3.84% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 49.00%. This publicly-traded company’s shares outstanding now amounts to $63.33 million, simultaneously with a float of $60.76 million. The organization now has a market capitalization sitting at $409.66 million. At the time of writing, stock’s 50-day Moving Average stood at $5.91, while the 200-day Moving Average is $7.10.

Oil States International, Inc. (OIS) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas Equipment & Services Industry. Oil States International, Inc.’s current insider ownership accounts for 5.37%, in contrast to 92.90% institutional ownership.

Oil States International, Inc. (OIS) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported $0.09 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.09) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.

Oil States International, Inc.’s EPS increase for this current 12-month fiscal period is 49.00% and is forecasted to reach 0.53 in the upcoming year.

Oil States International, Inc. (NYSE: OIS) Trading Performance Indicators

Let’s observe the current performance indicators for Oil States International, Inc. (OIS). It’s Quick Ratio in the last reported quarter now stands at 1.82. The Stock has managed to achieve an average true range (ATR) of 0.22. Alongside those numbers, its PE Ratio stands at $31.82, and its Beta score is 2.55. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.52. Similarly, its price to free cash flow for trailing twelve months is now 15.80.

In the same vein, OIS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.20, a figure that is expected to reach 0.01 in the next quarter, and analysts are predicting that it will be 0.53 at the market close of one year from today.

Technical Analysis of Oil States International, Inc. (OIS)

If we take a close look at the recent performances of Oil States International, Inc. (NYSE: OIS), its last 5-days Average volume was 0.71 million that shows plunge from its year to date volume of 1.29 million. During the previous 9 days, stock’s Stochastic %D was recorded 88.58% While, its Average True Range was 0.20.

Raw Stochastic average of Oil States International, Inc. (OIS) in the period of the previous 100 days is set at 51.43%, which indicates a major fall in contrast to 97.62% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 36.15% that was lower than 38.49% volatility it exhibited in the past 100-days period.