Oceaneering International, Inc (OII): Uncovering A True Diamond In The Rough

Oceaneering International, Inc (NYSE:OII) currently has a daily average trading volume of 1.08M but it saw 657779 shares traded in last market. With a market cap of 1.91B USD, the company’s current market price of $18.98 came rising about 3.26 while comparing to the previous closing price of $18.38. 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.

Taking a look at 20-day trading activity of Oceaneering International, Inc (OII) gives us an average price of $17.82, while its current price level is -38.72% below from 52-week high level whereas it is 22.77% 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 $19.38 while that of 200 days or SMA-200 reads an average of $24.40. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.85% during that period while stretching the period over a month that increases to 5.26%. 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 52.48 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 1.77% up while it is 19.00% when we observe its performance for the past one month. Year-to-date it is -27.22% down and over the past year, the stock is showing a downside performance of -19.27%.

Currently, Oceaneering International, Inc’s total number of outstanding shares is 100.59M with 7.98% of that held by the insiders while 99.96% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 12.39% and return on equity (ROE) at 26.17%. It has a price to earnings ratio (P/E ratio) of 10.62 while having a 11.00 of forward P/E ratio. Stock’s beta reads 1.50. Stock has a price to book (P/B) ratio of 2.47 while price to sale or P/S ratio amounts to 0.70. Its return on asset (ROA) is 8.11% on average.