Oil States International, Inc (OIS) 20 Days SMA touches 18.23%: The odds favor the bear

On Monday, Oil States International, Inc (NYSE: OIS) opened higher 4.76% from the last session, before settling in for the closing price of $5.25. Price fluctuations for OIS have ranged from $3.91 to $7.48 over the past 52 weeks.

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During the last 5-year period, the sales drop of Energy Sector giant was -3.84%. Company’s average yearly earnings per share was noted -22.50% at the time writing. With a float of $59.45 million, this company’s outstanding shares have now reached $63.33 million.

Let’s determine the extent of company efficiency that accounts for 2752 employees. In terms of profitability, gross margin is 16.1%, operating margin of -0.18%, and the pretax margin is -2.53%.

Oil States International, Inc (OIS) Insider Activity

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 Oil States International, Inc is 5.80%, while institutional ownership is 83.29%.

Oil States International, Inc (OIS) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -22.50% per share during the next fiscal year.

Oil States International, Inc (NYSE: OIS) Trading Performance Indicators

Check out the current performance indicators for Oil States International, Inc (OIS). In the past quarter, the stock posted a quick ratio of 1.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.47. Likewise, its price to free cash flow for the trailing twelve months is 266.54.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.34 in one year’s time.

Technical Analysis of Oil States International, Inc (OIS)

Looking closely at Oil States International, Inc (NYSE: OIS), its last 5-days average volume was 0.76 million, which is a drop from its year-to-date volume of 1.04 million. As of the previous 9 days, the stock’s Stochastic %D was 93.02%. Additionally, its Average True Range was 0.23.

During the past 100 days, Oil States International, Inc’s (OIS) raw stochastic average was set at 81.67%, which indicates a significant decrease from 100.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.87% in the past 14 days, which was higher than the 51.99% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.72, while its 200-day Moving Average is $5.02. However, in the short run, Oil States International, Inc’s stock first resistance to watch stands at $5.58. Second resistance stands at $5.66. The third major resistance level sits at $5.83. If the price goes on to break the first support level at $5.34, it is likely to go to the next support level at $5.17. Should the price break the second support level, the third support level stands at $5.09.

Oil States International, Inc (NYSE: OIS) Key Stats

There are currently 63,111K shares outstanding in the company with a market cap of 343.83 million. Presently, the company’s annual sales total 782,280 K according to its annual income of 12,890 K. Last quarter, the company’s sales amounted to 174,350 K and its income totaled -14,350 K.