Oceaneering International, Inc’s filing revealed that its SVP, IMDS GRANATO LEONARDO P unloaded Company’s shares for reported $56240.0 on Nov 07 ’24. In the deal valued at $28.12 per share,2,000 shares were sold. As a result of this transaction, GRANATO LEONARDO P now holds 19,860 shares worth roughly $0.59 million.
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Then, GRANATO LEONARDO P bought 2,000 shares, generating $56,240 in total proceeds.
Before that, Beachy Karen H sold 3,300 shares. Oceaneering International, Inc shares valued at $75,702 were divested by the Director at a price of $22.94 per share. As a result of the transaction, Beachy Karen H now holds 28,229 shares, worth roughly $0.84 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 Monday, Oceaneering International, Inc [NYSE:OII] saw its stock fall -0.77% to $29.80. Over the last five days, the stock has gained 8.52%. Oceaneering International, Inc shares have risen nearly 40.04% since the year began. Nevertheless, the stocks have risen 42.31% over the past one year. While a 52-week high of $30.45 was reached on 11/25/24, a 52-week low of $18.67 was recorded on 01/11/24. SMA at 50 days reached $26.06, while 200 days put it at $24.32.
Levels Of Support And Resistance For OII Stock
The 24-hour chart illustrates a support level at 29.46, which if violated will result in even more drops to 29.11. On the upside, there is a resistance level at 30.40. A further resistance level may holdings at 30.99. The Relative Strength Index (RSI) on the 14-day chart is 66.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.28, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.86%. Stochastics %K at 89.73% indicates the stock is a selling.
How much short interest is there in Oceaneering International, Inc?
A steep rise in short interest was recorded in Oceaneering International, Inc stocks on 2024-10-31, dropping by -0.68 million shares to a total of 4.35 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 5.04 million shares. There was a decline of -15.66%, which implies that there is a negative 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.
