Oceaneering International, Inc. (OII) is destined for greater heights as its last quarter sales were 668,810 K

On Tuesday, Oceaneering International, Inc. (NYSE: OII) opened lower -1.01% from the last session, before settling in for the closing price of $26.77. Price fluctuations for OII have ranged from $18.67 to $30.45 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 5.33%. Company’s average yearly earnings per share was noted 64.66% at the time writing. With a float of $99.43 million, this company’s outstanding shares have now reached $100.80 million.

The extent of productivity of a business whose workforce counts for 10100 workers is very important to gauge.

Oceaneering International, Inc. (OII) Insider Updates

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 97.39%. The most recent insider transaction that took place on Aug 08 ’24, was worth 250,200. Before that another transaction happened on Aug 08 ’24, when Company’s SVP, Chief Commercial Ofc. sold 10,000 for $25.70, making the entire transaction worth $257,000. This insider now owns 57,351 shares in total.

Oceaneering International, Inc. (OII) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.44 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 64.66% 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 28.76.

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 1.78 in one year’s time.

Technical Analysis of Oceaneering International, Inc. (OII)

The latest stats from [Oceaneering International, Inc., OII] show that its last 5-days average volume of 0.75 million was inferior to 0.85 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 35.87%. Additionally, its Average True Range was 1.10.

During the past 100 days, Oceaneering International, Inc.’s (OII) raw stochastic average was set at 59.28%, which indicates a significant increase from 34.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.16% in the past 14 days, which was higher than the 44.37% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $24.52, while its 200-day Moving Average is $22.48. Now, the first resistance to watch is $26.87. This is followed by the second major resistance level at $27.24. The third major resistance level sits at $27.82. If the price goes on to break the first support level at $25.92, it is likely to go to the next support level at $25.34. Assuming the price breaks the second support level, the third support level stands at $24.97.

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

There are currently 101,389K shares outstanding in the company with a market cap of 2.69 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.