With 0.83 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.63 million shares. The 52-week range on OIS shows that it touched its highest point at $6.53 and its lowest point at $3.91 during that stretch. It currently has a 1-year price target of $6.75. Beta for the stock currently stands at 2.16.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OIS was down-trending over the past week, with a drop of -7.66%, but this was down by -8.38% over a month. Three-month performance dropped to -12.48% while six-month performance fell -2.49%. The stock lost -13.28% in the past year, while it has lost -7.11% so far this year. A look at the trailing 12-month EPS for OIS yields -0.18 with Next year EPS estimates of 0.59. For the next quarter, that number is 0.04. This implies an EPS growth rate of 133.82% for this year and 49.06% for next year.
Float and Shares Shorts:
At present, 61.49 million OIS shares are outstanding with a float of 57.49 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OIS since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.14916 being high and $0.14092 being low. For OIS, this leads to a yearly average estimate of $0.1444. Based on analyst estimates, the high estimate for the next quarter is $0.11 and the low estimate is $0.08. The average estimate for the next quarter is thus $0.09.
