Following these proceedings, Raymond James initiated its Oil States International, Inc [OIS] rating to an Outperform in a research note published on September 07, 2023; the price target was $10. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in early March from “a Neutral” to “an Overweight”. Gabelli & Co also remained covering OIS and has decreased its forecast on May 06, 2020 with a “Hold” recommendation from previously “Buy” rating. Raymond James revised its rating on March 10, 2020. It rated OIS as “a Mkt perform” which previously was an “a Strong buy”.
Price Performance Review of OIS
On Monday, Oil States International, Inc [NYSE:OIS] saw its stock fall -4.74% to $3.42. Over the last five days, the stock has lost -0.87%. Oil States International, Inc shares have fallen nearly -32.41% since the year began. Nevertheless, the stocks have fallen -36.90% over the past one year. While a 52-week high of $5.86 was reached on 01/17/25, a 52-week low of $3.08 was recorded on 04/09/25. SMA at 50 days reached $4.80, while 200 days put it at $4.93.
Levels Of Support And Resistance For OIS Stock
The 24-hour chart illustrates a support level at 3.36, which if violated will result in even more drops to 3.31. On the upside, there is a resistance level at 3.50. A further resistance level may holdings at 3.59. The Relative Strength Index (RSI) on the 14-day chart is 32.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.14%. Stochastics %K at 21.07% indicates the stock is a holding.
How much short interest is there in Oil States International, Inc?
A steep rise in short interest was recorded in Oil States International, Inc stocks on 2025-03-31, dropping by -0.16 million shares to a total of 0.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.13 million shares. There was a decline of -16.19%, which implies that there is a negative sentiment for the stock.
