In a filing, Oceaneering International, Inc. revealed its Director Beachy Karen H unloaded Company’s shares for reported $75702.0 on Sep 10 ’24. In the deal valued at $22.94 per share,3,300 shares were sold. As a result of this transaction, Beachy Karen H now holds 28,229 shares worth roughly $0.65 million.
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Then, Beachy Karen H bought 3,300 shares, generating $75,702 in total proceeds.
Before that, MCEVOY M KEVIN sold 9,675 shares. Oceaneering International, Inc. shares valued at $252,711 were divested by the Director at a price of $26.12 per share. As a result of the transaction, MCEVOY M KEVIN now holds 141,837 shares, worth roughly $3.29 million.
The Benchmark Company initiated its Oceaneering International, Inc. [OII] rating to a Buy in a research note published on January 19, 2023; the price target was $25. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in early October from “an Overweight” to “an Equal weight”. Piper Sandler also remained covering OII and has increased its forecast on February 01, 2022 with a “an Overweight” recommendation from previously “Neutral” rating. BofA Securities revised its rating on May 05, 2021. It rated OII as “a Buy” which previously was an “a Neutral”.
Price Performance Review of OII
On Friday, Oceaneering International, Inc. [NYSE:OII] saw its stock jump 1.53% to $23.20. Over the last five days, the stock has lost -1.69%. Oceaneering International, Inc. shares have risen nearly 9.02% since the year began. Nevertheless, the stocks have fallen -7.16% over the past one year. While a 52-week high of $30.45 was reached on 07/31/24, a 52-week low of $18.67 was recorded on 01/11/24. SMA at 50 days reached $26.00, while 200 days put it at $22.91.
Levels Of Support And Resistance For OII Stock
The 24-hour chart illustrates a support level at 22.79, which if violated will result in even more drops to 22.39. On the upside, there is a resistance level at 23.71. A further resistance level may holdings at 24.23. The Relative Strength Index (RSI) on the 14-day chart is 35.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.91%. Stochastics %K at 18.92% indicates the stock is a buying.
How much short interest is there in Oceaneering International, Inc.?
A steep rise in short interest was recorded in Oceaneering International, Inc. stocks on 2024-08-30, growing by 0.82 million shares to a total of 5.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 4.34 million shares. There was a rise of 15.91%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 03, 2021 when Cowen resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $14.
