Oceaneering International, Inc. (OII) recent quarterly performance of 15.90% is not showing the real picture

Oceaneering International, Inc. (NYSE: OII) open the trading on Wednesday, with a bit cautious approach as it glided -1.92% to $22.53, before settling in for the price of $22.97 at the close. Taking a more long-term approach, OII posted a 52-week range of $14.99-$27.46.

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The Energy Sector giants’ yearly sales growth during the last 5-year period was 5.33%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 59.01%. This publicly-traded company’s shares outstanding now amounts to $100.80 million, simultaneously with a float of $98.83 million. The organization now has a market capitalization sitting at $2.27 billion. At the time of writing, stock’s 50-day Moving Average stood at $22.13, while the 200-day Moving Average is $22.15.

Oceaneering International, Inc. (OII) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Oil & Gas Equipment & Services industry. Oceaneering International, Inc.’s current insider ownership accounts for 1.96%, in contrast to 94.01% institutional ownership. According to the most recent insider trade that took place on Mar 07 ’24, this organization’s Director sold 7,600 shares at the rate of 20.50, making the entire transaction reach 155,800 in total value, affecting insider ownership by 22,786. Preceding that transaction, on Sep 28 ’23, Company’s SVP, Mfd. Prods. sold 2,122 for 26.85, making the whole transaction’s value amount to 56,984. This particular insider is now the holder of 51,429 in total.

Oceaneering International, Inc. (OII) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 24.65 per share during the current fiscal year.

Oceaneering International, Inc.’s EPS increase for this current 12-month fiscal period is 59.01% and is forecasted to reach 1.71 in the upcoming year.

Oceaneering International, Inc. (NYSE: OII) Trading Performance Indicators

Let’s observe the current performance indicators for Oceaneering International, Inc. (OII). It’s Quick Ratio in the last reported quarter now stands at 1.50. The Stock has managed to achieve an average true range (ATR) of 0.74. Alongside those numbers, its PE Ratio stands at $23.65, and its Beta score is 2.45. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.94. Similarly, its price to free cash flow for trailing twelve months is now 24.41.

In the same vein, OII’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.95, a figure that is expected to reach 0.07 in the next quarter, and analysts are predicting that it will be 1.71 at the market close of one year from today.

Technical Analysis of Oceaneering International, Inc. (OII)

[Oceaneering International, Inc., OII] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 5.57% While, its Average True Range was 0.75.

Raw Stochastic average of Oceaneering International, Inc. (OII) in the period of the previous 100 days is set at 55.25%, which indicates a major rise in contrast to 0.63% 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 34.55% that was higher than 33.72% volatility it exhibited in the past 100-days period.