Oil States International (OIS) Shares are Down -2.19%

Oil States International (OIS) : During the past 4 weeks, traders have been relatively bearish on Oil States International (OIS), hence the stock is down -4.21% 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 -2.24% relative to the S&P 500. The 4-week change in the price of the stock is -3.22% and the stock has fallen -2.19% in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.33% and the 50-Day Moving Average is 2.45%. Oil States International (NYSE:OIS): On Fridays trading session , Opening price of the stock was $31.85 with an intraday high of $32.07. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $30.88. However, the stock managed to close at $31.26, a loss of 1.36% for the day. On the previous day, the stock had closed at $31.69. The total traded volume of the day was 519,066 shares.


The company Insiders own 1.83% of Oil States International shares according to the proxy statements. Also, Morgan Stanley initiates coverage on Oil States International (NYSE:OIS). The shares have now been rated Equal-weight by the stock experts at the ratings house. The rating by the firm was issued on August 11, 2016.

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.

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