Oceaneering International, Inc (NYSE:OII) currently has a daily average trading volume of 994.30K but it saw 1149031 shares traded in last market. With a market cap of 1.76B USD, the company’s current market price of $17.27 came falling about -0.63 while comparing to the previous closing price of $17.38. In past 52 weeks, the stock remained buoying in the range of price level as high as $30.98 and as low as $15.46. In the recent trading on the day, stock has struck highest price mark of $17.02 while lowest mark touched by it was $18.127.
Taking a look at 20-day trading activity of Oceaneering International, Inc (OII) gives us an average price of $18.74, while its current price level is -44.25% below from 52-week high level whereas it is 11.71% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $20.65 while that of 200 days or SMA-200 reads an average of $24.79. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.08% during that period while stretching the period over a month that increases to 6.55%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 39.46 which implies that the stock is in neutral territory.
Citigroup downgraded its recommendation for the stock as a “Neutral” from “Buy” on January 10, 2025 while assigning a price target of $30. Barclays also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $22 and $26.
Over the week, OII’s stock price is moving 1.89% up while it is -22.03% when we observe its performance for the past one month. Year-to-date it is -33.78% down and over the past year, the stock is showing a downside performance of -23.58%.
The company is expected to be releasing its next quarterly report on 2025-Feb-18, for which analysts forecasted an EPS of 0.39 while estimate for next year EPS is 1.55. In next quarter, company is expected to be making quarterly sales of $709.21M as analysts are expecting the sales for current fiscal year at $2.76B and seeing the company making $2.85B in sales next year. Moreover, analysts are in estimates of $688.84M for current-quarter revenue.
Currently, Oceaneering International, Inc’s total number of outstanding shares is 100.66M with 7.95% of that held by the insiders while 102.38% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 10.28% and return on equity (ROE) at 21.97%. It has a price to earnings ratio (P/E ratio) of 11.99 while having a 9.79 of forward P/E ratio. Stock’s beta reads 1.58. Stock has a price to book (P/B) ratio of 2.43 while price to sale or P/S ratio amounts to 0.66. Its return on asset (ROA) is 6.45% on average.
