Oceaneering International, Inc (OII) is gearing up for another turning point as it hit the volume of 1.16 million

On Monday, Oceaneering International, Inc (NYSE: OII) opened lower -6.16% from the last session, before settling in for the closing price of $22.09. Price fluctuations for OII have ranged from $19.68 to $30.98 over the past 52 weeks.

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During the last 5-year period, the sales growth of Energy Sector giant was 5.83%. Company’s average yearly earnings per share was noted 57.22% at the time writing. With a float of $98.58 million, this company’s outstanding shares have now reached $100.66 million.

Let’s determine the extent of company efficiency that accounts for 10400 employees. In terms of profitability, gross margin is 18.24%, operating margin of 9.25%, and the pretax margin is 8.45%.

Oceaneering International, Inc (OII) 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 Oceaneering International, Inc is 2.06%, while institutional ownership is 100.16%. The most recent insider transaction that took place on Nov 07 ’24, was worth 56,240. In this transaction SVP, IMDS of this company sold 2,000 shares at a rate of $28.12, taking the stock ownership to the 19,860 shares. Before that another transaction happened on Nov 07 ’24, when Company’s Officer proposed sale 2,000 for $28.12, making the entire transaction worth $56,240.

Oceaneering International, Inc (OII) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 57.22% 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 1.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.86. Likewise, its price to free cash flow for the trailing twelve months is 21.49.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.44, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 2.08 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 1.2 million, which is a jump from its year-to-date volume of 0.79 million. As of the previous 9 days, the stock’s Stochastic %D was 8.48%. Additionally, its Average True Range was 0.93.

During the past 100 days, Oceaneering International, Inc’s (OII) raw stochastic average was set at 1.73%, which indicates a significant decrease from 3.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.53% in the past 14 days, which was higher than the 41.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $25.21, while its 200-day Moving Average is $25.36. However, in the short run, Oceaneering International, Inc’s stock first resistance to watch stands at $21.88. Second resistance stands at $23.04. The third major resistance level sits at $23.70. If the price goes on to break the first support level at $20.06, it is likely to go to the next support level at $19.40. Should the price break the second support level, the third support level stands at $18.24.

Oceaneering International, Inc (NYSE: OII) Key Stats

There are currently 110,834K shares outstanding in the company with a market cap of 2.30 billion. Presently, the company’s annual sales total 2,661 M according to its annual income of 147,470 K. Last quarter, the company’s sales amounted to 713,450 K and its income totaled 56,100 K.