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

Oil States International, Inc. (NYSE:OIS - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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 traded.

Analyst Ratings Changes

Separately, Susquehanna decreased their price objective on shares of Oil States International from $5.00 to $4.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th.

Oil States International Stock Down 2.6%

The firm's 50-day moving average is $4.62 and its 200 day moving average is $4.82. The firm has a market capitalization of $331.00 million, a PE ratio of 66.88 and a beta of 1.78. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.91 and a current ratio of 3.42.

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its stake in Oil States International by 374.4% in the 1st quarter. GAMMA Investing LLC now owns 5,845 shares of the oil and gas company's stock valued at $30,000 after purchasing an additional 4,613 shares during the last quarter. New York State Common Retirement Fund increased its stake in shares of Oil States International by 944.2% during the 1st quarter. New York State Common Retirement Fund now owns 9,732 shares of the oil and gas company's stock valued at $50,000 after acquiring an additional 8,800 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Oil States International during the 4th quarter valued at about $97,000. Quantbot Technologies LP acquired a new position in shares of Oil States International during the 4th quarter valued at about $128,000. Finally, MetLife Investment Management LLC increased its stake in shares of Oil States International by 82.4% during the 4th quarter. MetLife Investment Management LLC now owns 37,681 shares of the oil and gas company's stock valued at $191,000 after acquiring an additional 17,019 shares during the last quarter. Institutional investors and hedge funds own 97.44% of the company's stock.

About Oil States International

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.

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