Oil States International (NYSE:OIS) Stock Price Crosses Above 200 Day Moving Average - Should You Sell?

Oil States International, Inc. (NYSE:OIS - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.82 and traded as high as $5.51. Oil States International shares last traded at $5.35, with a volume of 913,180 shares.

Analyst Upgrades and Downgrades

Separately, Susquehanna raised their price objective on shares of Oil States International from $4.50 to $5.50 and gave the stock a "neutral" rating in a report on Tuesday.

Oil States International Stock Down 4.3%

The firm has a market cap of $331.07 million, a P/E ratio of 66.90 and a beta of 1.82. The company's 50-day simple moving average is $4.78 and its 200 day simple moving average is $4.84. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.42 and a quick ratio of 1.91.

Oil States International (NYSE:OIS - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The oil and gas company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. Oil States International had a return on equity of 2.41% and a net margin of 0.77%. The company had revenue of $159.94 million during the quarter, compared to analyst estimates of $164.08 million. During the same quarter last year, the business posted ($0.03) earnings per share. The firm's revenue was down 4.4% on a year-over-year basis. Research analysts anticipate that Oil States International, Inc. will post 0.16 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Quantbot Technologies LP grew its position in Oil States International by 213.0% in the 1st quarter. Quantbot Technologies LP now owns 79,473 shares of the oil and gas company's stock valued at $409,000 after acquiring an additional 54,080 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Oil States International by 18.2% during the fourth quarter. BNP Paribas Financial Markets now owns 60,470 shares of the oil and gas company's stock valued at $306,000 after purchasing an additional 9,303 shares during the period. Jump Financial LLC bought a new position in shares of Oil States International in the first quarter worth about $286,000. Strs Ohio purchased a new position in Oil States International in the 1st quarter worth about $266,000. Finally, Ethic Inc. lifted its holdings in Oil States International by 14.2% during the 4th quarter. Ethic Inc. now owns 47,288 shares of the oil and gas company's stock valued at $239,000 after buying an additional 5,864 shares in the last quarter. Institutional investors own 97.44% of the company's stock.

Oil States International Company Profile

Oil States International, Inc, through its subsidiaries, provides engineered capital equipment and products for the energy, industrial, and military sectors worldwide. The company operates through three segments: Well Site Services, Downhole Technologies, and Offshore/Manufactured Products. The Well Site Services segment offers a range of equipment and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its lifecycle.