Oil States International (OIS) has been under a strong bear grip, hence the stock is down -9.54% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.01% in the past 1 week. The stock has risen by 0.95% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.5% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.02% and the 50-Day Moving Average is 4.12%. Oil States International Inc. has dropped 10.74% during the last 3-month period . Year-to-Date the stock performance stands at 13.47%.
Oil States International (NYSE:OIS): stock turned positive on Friday. Though the stock opened at $29.85, the bulls momentum made the stock top out at $30.99 level for the day. The stock recorded a low of $29.835 and closed the trading day at $30.92, in the green by 2.45%. The total traded volume for the day was 900,803. The stock had closed at $30.18 in the previous days trading.
Oil States International, Inc. (Oil States) through its subsidiaries, is a provider of specialty products and services to oil and natural gas companies throughout the world. The Company operates in active oil and natural gas producing regions, including onshore and offshore United States, Canada, West Africa, the North Sea, South America and Southeast and Central Asia. The Company operates in two segments: offshore products and well site services. The Companys products and services include flexible bearings and advanced connection systems; casing and conductor connections and pipe; subsea pipeline products; compact ball valves, manifold system components and diverter valves; marine winches, mooring systems, cranes and other heavy-lift rig equipment; production, workover, completion and drilling riser systems, among others. The Company also offers well site services.