OIS Stock Summary and Trading Ideas (Oil States International | NYSE:OIS)

Oil States International Inc is a provider of manufactured products and services to the energy, industrial and military sectors. Manufactured products include engineered capital equipment as well as products consumed in the drilling, well construction and production of oil and natural gas. The company sells its products and services to national oil and natural gas companies, oil and natural gas companies, onshore and offshore drilling companies and other oilfield services, defense and industrial companies. The company operates through three business segments, Offshore/Manufactured Products, Well Site Services and Downhole Technologies. It erns maximum revenue from Offshore/Manufactured Products.

Oil States International trades on the NYSE stock market under the symbol OIS.

As of November 15, 2024, OIS stock price declined to $5.27 with 454,499 million shares trading.

OIS has a beta of 0.22, meaning it tends to be less sensitive to market movements. OIS has a correlation of 0.00 to the broad based SPY ETF.

OIS has a market cap of $332.60 million. This is considered a Small Cap stock.

Last quarter Oil States International reported $174 million in Revenue and $.04 earnings per share. This fell short of revenue expectation by $-18 million and missed earnings estimates by -$.01.

In the last 3 years, OIS traded as high as $10.47 and as low as $3.51.

The top ETF exchange traded funds that OIS belongs to (by Net Assets): IWM, VTI, VXF, IWN, AVUV.

OIS has underperformed the market in the last year with a return of -29.2%, while the SPY ETF gained +32.1%. In the last 3 month period, OIS fell short of the market, returning +7.3%, while SPY returned +8.0%. However, in the most recent 2 weeks OIS has outperformed the stock market by returning +11.4%, while SPY returned +3.0%.

OIS support price is $5.19 and resistance is $5.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OIS shares will trade within this expected range on the day.