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OMS Energy Technologies (NASDAQ:OMSE) Trading 3.1% Higher - Here's Why

OMS Energy Technologies logo with Energy background

OMS Energy Technologies Inc. (NASDAQ:OMSE - Get Free Report)'s stock price traded up 3.1% during mid-day trading on Thursday . The stock traded as high as $7.13 and last traded at $7.08. 46,597 shares traded hands during trading, a decline of 10% from the average session volume of 51,910 shares. The stock had previously closed at $6.87.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Roth Capital started coverage on OMS Energy Technologies in a report on Friday. They issued a "buy" rating and a $10.00 target price for the company. Wall Street Zen raised OMS Energy Technologies to a "hold" rating in a research note on Saturday, May 24th.

Read Our Latest Stock Analysis on OMSE

OMS Energy Technologies Stock Down 2.2%

About OMS Energy Technologies

(Get Free Report)

We are a growth-oriented manufacturer of surface wellhead systems, or SWS, and oil country tubular goods, or OCTG products used in the oil and gas industry. These products are primarily used for both onshore and offshore oil exploration and production, or E&P activities in the Asia Pacific and the Middle Eastern and North Africa (MENA) Regions.

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