Oceaneering International, Inc. (NYSE: OII) on Friday, soared 3.25% from the previous trading day, before settling in for the closing price of $24.63. Within the past 52 weeks, OII’s price has moved between $18.67 and $30.45.
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Annual sales at Energy sector company grew by 5.33% over the past five years. The company achieved an average annual earnings per share of 67.71%. With a float of $99.54 million, this company’s outstanding shares have now reached $100.80 million.
Let’s look at the performance matrix of the company that is accounted for 10100 employees. In terms of profitability, gross margin is 17.26%, operating margin of 8.29%, and the pretax margin is 7.79%.
Oceaneering International, Inc. (OII) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Oceaneering International, Inc. is 1.91%, while institutional ownership is 99.04%. The most recent insider transaction that took place on Sep 10 ’24, was worth 75,702. In this transaction Director of this company sold 3,300 shares at a rate of $22.94, taking the stock ownership to the 28,229 shares. Before that another transaction happened on Sep 10 ’24, when Company’s Director proposed sale 3,300 for $22.94, making the entire transaction worth $75,702.
Oceaneering International, Inc. (OII) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 67.71% per share during the next fiscal year.
Oceaneering International, Inc. (NYSE: OII) Trading Performance Indicators
Oceaneering International, Inc. (OII) is currently performing well based on its current performance indicators. A quick ratio of 1.46 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.99. Likewise, its price to free cash flow for the trailing twelve months is 21.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.33, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 1.85 in one year’s time.
Technical Analysis of Oceaneering International, Inc. (OII)
Oceaneering International, Inc. (NYSE: OII) saw its 5-day average volume 1.05 million, a positive change from its year-to-date volume of 0.82 million. As of the previous 9 days, the stock’s Stochastic %D was 52.15%. Additionally, its Average True Range was 0.89.
During the past 100 days, Oceaneering International, Inc.’s (OII) raw stochastic average was set at 48.25%, which indicates a significant decrease from 75.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.98% in the past 14 days, which was lower than the 45.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.28, while its 200-day Moving Average is $23.61. Nevertheless, the first resistance level for the watch stands at $25.80 in the near term. At $26.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $26.69. If the price goes on to break the first support level at $24.90, it is likely to go to the next support level at $24.37. The third support level lies at $24.00 if the price breaches the second support level.
Oceaneering International, Inc. (NYSE: OII) Key Stats
Market capitalization of the company is 2.58 billion based on 101,389K outstanding shares. Right now, sales total 2,425 M and income totals 97,400 K. The company made 679,810 K in profit during its latest quarter, and 41,240 K in sales during its previous quarter.
