Company Shares of Oceaneering International (NYSE:OII) Drops by -2.2%

Oceaneering International (NYSE:OII) : During the past 4 weeks, traders have been relatively bearish on Oceaneering International (NYSE:OII), hence the stock is down -10.29% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.44% relative to the S&P 500. The 4-week change in the price of the stock is -8.85% and the stock has fallen -2.2% in the past 1 week.

The company shares have dropped -33.50% from its 1 Year high price. On Oct 9, 2015, the shares registered one year high at $48.11 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $31.74 and the 200 Day Moving Average price is recorded at $32.15.

The stock has recorded a 20-day Moving Average of 3.33% and the 50-Day Moving Average is 7.77%.


Oceaneering International (NYSE:OII): stock turned positive on Friday. Though the stock opened at $29.74, the bulls momentum made the stock top out at $30.46 level for the day. The stock recorded a low of $29.65 and closed the trading day at $29.78, in the green by 1.47%. The total traded volume for the day was 976,671. The stock had closed at $29.35 in the previous days trading.

In an insider trading activity, Lawrence David K, Officer (Sr. V.P., Gen.Counsel And Sec.) of OCEANEERING INTERNATIONAL INC had purchased 090 shares on June 30, 2016 in a transaction. The price per share was $30.22 and the total amount of the disclosed transaction was $2,720.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Oceaneering International, Inc. is an oilfield provider of engineered services and products to the offshore oil and gas industry, with a focus on deep water applications. The Companys business segments are contained within two businesses, such as services and products provided to the oil and gas industry (Oilfield) and all other services and products (Advanced Technologies). The Companys four business segments within the Oil and Gas business includes Remotely Operated Vehicles (ROVs), Subsea Products, Subsea Projects and Asset Integrity. The Company also provides remote asset management software services. The Company provides services and products, such as remotely operated vehicles, specialty subsea hardware, engineering and project management, subsea intervention services, including manned diving, and asset integrity and non-destructive testing services. The Companys foreign operations are principally focused in the North Sea, Africa, Brazil, Australia and Asia.

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