Oceaneering International, Inc. (NYSE:OII) went down by -6.46% from its latest closing price when compared to the 1-year high value of $21.29 and move down -444.5%, while OII stocks collected +87.98% of gains with the last five trading sessions. MarketWatch.com reported on 03/10/20 that These oil stocks took the biggest beatings after Saudi Arabia shocked the energy market
Oceaneering International, Inc. (NYSE:OII) Worth an Investment?
Oceaneering International, Inc. (NYSE: OII) The 36 Months beta value for OII stocks is at 2.79, while of the analysts out of 0 who provided ratings for Oceaneering International, Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $8.96 which is $5.52 above current price. OII currently has a short float of and public float of with average trading volume of 1.87M shares.
OII Market Performance
OII stocks went up by 87.98% for the week, with the monthly drop of -64.81% and a quarterly performance of -74.09%, while its annual performance rate touched -75.55%. The simple moving average for the period of the last 20 days is -34.74% for OII stocks with the simple moving average of -71.71% for the last 200 days.
Analysts’ Opinion on Oceaneering International, Inc. (NYSE:OII)
Many brokerage firms have already submitted their reports for OII stocks, with Wolfe Research repeating the rating for OII shares by setting it to “Peer Perform”. The predicted price for OII socks in the upcoming period according to Wolfe Research is $4 based on the research report published on March 19, 2020.
Evercore ISI, on the other hand, stated in their research note that they expect to see OII stock at the price of $4. The rating they have provided for OII stocks is “In-line” according to the report published on March 9, 2020.
BofA/Merrill gave “ Neutral” rating to OII stocks, setting the target price at $4 in the report published on March 9, 2020.
OII Stocks -62.63% Far from 50 Day Moving Average
After a stumble in the market that brought OII to its low price for the period of the last 52 weeks, Oceaneering International, Inc. was unable to take a rebound, for now settling with -81.63% of loss for the given period.
The stock volatility was left at 22.13%, however, within the period of a single month, the volatility rate increased by 32.17%, while the shares sank at the distance of -64.26% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -75.13% lower at the present time.
In the course of the last 5 trading sessions, OII went up by +87.98%, which changed the moving average for the period of 200 days to the total of -77.20% of losses for the stock in comparison to the 20-day moving average settled at $5.64. In addition, Oceaneering International, Inc. saw -73.78% in overturn over the period of a single year with a tendency to cut further losses.
OII Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Oceaneering International, Inc. (OII), starting from MCEVOY M KEVIN, who bought 30,000 shares at the price of $3.05 back on Mar 16. After this action, Rushing now owns 255,386 shares of Oceaneering International, Inc., valued at $91,500 with the latest closing price.
BARRETT STEPHEN P, the Sr. V.P., Asset Integrity of Oceaneering International, Inc., bought 10,000 shares at the value of $2.34 during a trade that took place back on Mar 16, which means that BARRETT STEPHEN P is holding 85,429 shares at the value of $23,360 based on the most recent closing price.
OII Stock Fundamentals
The current profitability levels are settled at -5.70 for the present operating margin and +4.80 for gross margin. The net margin for Oceaneering International, Inc. stands at -17.01. Equity return holds the value -27.30%, with -12.10% for asset returns.
EBITDA value lies at +29.97 M with total debt to EBITDA carrying the value of 6.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.07.