Oceaneering International (OII) : During the past 4 weeks, traders have been relatively bearish on Oceaneering International (OII), hence the stock is down -3.82% 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 -9.4% relative to the S&P 500. The 4-week change in the price of the stock is -4.02% and the stock has fallen -9.99% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 4.08% and the fifty day Moving Average is 7.55%. Oceaneering International, Inc. has dropped 19.37% during the last three month period . Year-to-Date the stock performance stands at -26.65%.
Oceaneering International (OII) : 11 Wall Street analysts covering Oceaneering International (OII) believe that the average level the stock could reach for the short term is $33.5. The maximum price target given is $46 and the minimum target for short term is around $25, hence the standard deviation is calculated at $6.04.
Oceaneering International (NYSE:OII): On Fridays trading session , Opening price of the stock was $27.13 with an intraday high of $27.48. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $26.6. However, the stock managed to close at $26.76, a loss of 0.74% for the day. On the previous day, the stock had closed at $26.96. The total traded volume of the day was 920,932 shares.
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.