Roth Capital initiated coverage on shares of OMS Energy Technologies (NASDAQ:OMSE - Free Report) in a research report sent to investors on Friday morning, Marketbeat.com reports. The brokerage issued a buy rating and a $10.00 price objective on the stock.
Separately, Wall Street Zen upgraded shares of OMS Energy Technologies to a "hold" rating in a research note on Saturday, May 24th.
Check Out Our Latest Report on OMS Energy Technologies
OMS Energy Technologies Stock Down 4.2%
Shares of NASDAQ:OMSE traded down $0.30 during midday trading on Friday, hitting $6.78. The stock had a trading volume of 54,764 shares, compared to its average volume of 52,924. OMS Energy Technologies has a 1 year low of $6.09 and a 1 year high of $9.86.
About OMS Energy Technologies
(
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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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