Oil States International (NYSE:OIS) Upgraded at StockNews.com

StockNews.com upgraded shares of Oil States International (NYSE:OIS) from a sell rating to a hold rating in a research note published on Monday morning.

Several other equities research analysts have also issued reports on OIS. Stifel Nicolaus dropped their target price on Oil States International from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Friday, October 11th. Susquehanna dropped their price objective on Oil States International from $5.50 to $5.00 and set a “neutral” rating on the stock in a report on Friday, October 11th.

Oil States International Stock Performance

Shares of NYSE OIS opened at $5.15 on Monday. The company has a market capitalization of $325.21 million, a PE ratio of -15.61 and a beta of 2.61. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.83 and a current ratio of 3.40. The company’s fifty day moving average price is $5.23 and its 200 day moving average price is $5.03. Oil States International has a 1 year low of $3.91 and a 1 year high of $6.53.

Institutional Trading of Oil States International

A hedge fund recently raised its stake in Oil States International stock. SG Americas Securities LLC raised its position in Oil States International, Inc. (NYSE:OIS) by 21.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 27,000 shares of the oil and gas company’s stock after buying an additional 4,771 shares during the period. SG Americas Securities LLC’s holdings in Oil States International were worth $137,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 97.44% of the company’s stock.

Oil States International Company Profile

Oil States International, Inc, through its subsidiaries, provides engineered capital equipment and products for the energy, industrial, and military sectors worldwide. The company operates through three segments: Well Site Services, Downhole Technologies, and Offshore/Manufactured Products. The Well Site Services segment offers a range of equipment and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its lifecycle.