Oceaneering International, Inc. (OII) is 6.35% away from 50-day simple Moving Average despite all headwinds

On Friday, Oceaneering International, Inc. (NYSE: OII) was 4.35% up from the session before settling in for the closing price of $25.73. A 52-week range for OII has been $18.67 – $30.45.

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A company in the Energy sector has jumped its sales by 5.33% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 63.41%. With a float of $99.49 million, this company’s outstanding shares have now reached $100.80 million.

In an organization with 10100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 16.93%, operating margin of 7.91%, and the pretax margin is 7.33%.

Oceaneering International, Inc. (OII) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Oceaneering International, Inc. stocks. The insider ownership of Oceaneering International, Inc. is 2.03%, while institutional ownership is 100.27%. The most recent insider transaction that took place on Aug 20 ’24, was worth 252,711. In this transaction Director of this company sold 9,675 shares at a rate of $26.12, taking the stock ownership to the 141,837 shares. Before that another transaction happened on Aug 20 ’24, when Company’s Director proposed sale 9,675 for $27.13, making the entire transaction worth $262,483.

Oceaneering International, Inc. (OII) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 63.41% per share during the next fiscal year.

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

You can see what Oceaneering International, Inc. (OII) is doing with its current performance indicators. In the most recent 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 1.07. Likewise, its price to free cash flow for the trailing twelve months is 29.14.

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 1.77 in one year’s time.

Technical Analysis of Oceaneering International, Inc. (OII)

Let’s dig in a bit further. During the last 5-days, its volume was 0.55 million. That was inferior than the volume of 0.84 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 29.71%. Additionally, its Average True Range was 0.96.

During the past 100 days, Oceaneering International, Inc.’s (OII) raw stochastic average was set at 62.89%, which indicates a significant decrease from 76.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.55% in the past 14 days, which was lower than the 44.11% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $25.34, while its 200-day Moving Average is $22.64. However, in the short run, Oceaneering International, Inc.’s stock first resistance to watch stands at $27.21. Second resistance stands at $27.58. The third major resistance level sits at $28.22. If the price goes on to break the first support level at $26.20, it is likely to go to the next support level at $25.56. The third support level lies at $25.19 if the price breaches the second support level.

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

There are 101,389K outstanding shares of the company, which has a market capitalization of 2.72 billion. As of now, sales total 2,425 M while income totals 97,400 K. Its latest quarter income was 668,810 K while its last quarter net income were 35,000 K.