Oceaneering International, Inc. (OII) kicked off at the price of $26.43: Venture capitalists have an exciting new opportunity

On Friday, Oceaneering International, Inc. (NYSE: OII) opened lower -8.80% from the last session, before settling in for the closing price of $28.98. Price fluctuations for OII have ranged from $18.67 to $30.45 over the past 52 weeks.

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During the last 5-year period, the sales growth of Energy Sector giant was 5.33%. Company’s average yearly earnings per share was noted 63.95% at the time writing. With a float of $99.43 million, this company’s outstanding shares have now reached $100.80 million.

Let’s determine the extent of company efficiency that accounts for 10100 employees.

Oceaneering International, Inc. (OII) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of Oceaneering International, Inc. is 2.02%, while institutional ownership is 96.78%. The most recent insider transaction that took place on Mar 07 ’24, was worth 155,800. In this transaction Director of this company sold 7,600 shares at a rate of $20.50, taking the stock ownership to the 22,786 shares. Before that another transaction happened on Sep 28 ’23, when Company’s SVP, Mfd. Prods. sold 2,122 for $26.85, making the entire transaction worth $56,984. This insider now owns 51,429 shares in total.

Oceaneering International, Inc. (OII) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 63.95% per share during the next fiscal year.

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

Check out the current performance indicators for Oceaneering International, Inc. (OII). In the past quarter, the stock posted a quick ratio of 1.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.05. Likewise, its price to free cash flow for the trailing twelve months is 28.69.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.22, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 1.80 in one year’s time.

Technical Analysis of Oceaneering International, Inc. (OII)

Looking closely at Oceaneering International, Inc. (NYSE: OII), its last 5-days average volume was 0.93 million, which is a jump from its year-to-date volume of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 61.08%. Additionally, its Average True Range was 1.19.

During the past 100 days, Oceaneering International, Inc.’s (OII) raw stochastic average was set at 60.59%, which indicates a significant increase from 20.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.75% in the past 14 days, which was higher than the 43.53% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $24.17, while its 200-day Moving Average is $22.46. However, in the short run, Oceaneering International, Inc.’s stock first resistance to watch stands at $27.60. Second resistance stands at $28.76. The third major resistance level sits at $29.52. If the price goes on to break the first support level at $25.67, it is likely to go to the next support level at $24.91. Now, if the price goes above the second support level, the third support stands at $23.75.

Oceaneering International, Inc. (NYSE: OII) Key Stats

There are currently 101,389K shares outstanding in the company with a market cap of 2.68 billion. Presently, the company’s annual sales total 2,425 M according to its annual income of 97,400 K. Last quarter, the company’s sales amounted to 668,810 K and its income totaled 35,000 K.