6.93% volatility in Oceaneering International, Inc (OII) last month: This is a red flag warning

A new trading day began on Friday, with Oceaneering International, Inc (NYSE: OII) stock price down -0.56% from the previous day of trading, before settling in for the closing price of $17.92. OII’s price has ranged from $15.46 to $30.98 over the past 52 weeks.

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Annual sales at Energy sector company grew by 5.83% over the past five years. Meanwhile, its annual earnings per share averaged 41.85%. With a float of $99.17 million, this company’s outstanding shares have now reached $100.59 million.

Let’s look at the performance matrix of the company that is accounted for 10400 employees. In terms of profitability, gross margin is 19.3%, operating margin of 10.34%, and the pretax margin is 9.58%.

Oceaneering International, Inc (OII) Insider Updates

As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Oceaneering International, Inc is 1.88%, while institutional ownership is 101.48%. 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) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 41.85% per share during the next fiscal year.

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

Here are Oceaneering International, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.58. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.66. Likewise, its price to free cash flow for the trailing twelve months is 19.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.79, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 1.76 in one year’s time.

Technical Analysis of Oceaneering International, Inc (OII)

Oceaneering International, Inc (NYSE: OII) saw its 5-day average volume 1.39 million, a positive change from its year-to-date volume of 0.98 million. As of the previous 9 days, the stock’s Stochastic %D was 65.64%. Additionally, its Average True Range was 1.16.

During the past 100 days, Oceaneering International, Inc’s (OII) raw stochastic average was set at 15.21%, which indicates a significant decrease from 75.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.70% in the past 14 days, which was higher than the 54.28% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $20.35, while its 200-day Moving Average is $24.73. Nevertheless, the first resistance level for the watch stands at $18.03 in the near term. At $18.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.61. If the price goes on to break the first support level at $17.45, it is likely to go to the next support level at $17.08. Assuming the price breaks the second support level, the third support level stands at $16.87.

Oceaneering International, Inc (NYSE: OII) Key Stats

With a market capitalization of 1.79 billion, the company has a total of 101,071K Shares Outstanding. Currently, annual sales are 2,661 M while annual income is 147,470 K. The company’s previous quarter sales were 713,450 K while its latest quarter income was 56,100 K.