With 0.77 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.89 million shares. The 52-week range on OIS shows that it touched its highest point at $5.86 and its lowest point at $3.08 during that stretch. It currently has a 1-year price target of $6.62. Beta for the stock currently stands at 1.73.
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 up-trending over the past week, with a rise of 4.40%, but this was up by 38.77% over a month. Three-month performance dropped to -12.09% while six-month performance fell -4.45%. The stock gained 2.50% in the past year, while it has lost -10.87% so far this year. A look at the trailing 12-month EPS for OIS yields 0.09 with Next year EPS estimates of 0.58. For the next quarter, that number is 0.09. This implies an EPS growth rate of 132.35% for this year and 46.20% for next year.
Float and Shares Shorts:
At present, 61.87 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 $0.14996 being high and $0.14051 being low. For OIS, this leads to a yearly average estimate of $0.1444.
