Oceaneering International, Inc. s trend and data analysis indicates that the stock price has dropped -10.49% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -5.74% . Looking at the past 52 week period, the stock price is down -23.38% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Oceaneering International, Inc. has a negative value of -24.01 compared to overall market performance.Oceaneering International, Inc. is having a Relative Strength Index of 40.99 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Oceaneering International, Inc. (NYSE:OII) rallied by 0.19% during the past week but lost 4.67% on a 4-week basis. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.04%. Oceaneering International, Inc. (NYSE:OII) has underperformed the index by 5.76% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company shares have received an average consensus rating of Hold for the current week Oceaneering International, Inc. (NYSE:OII) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.15 points or 0.58% at $25.93 with 1,362,966 shares getting traded. Post opening the session at $26.15, the shares hit an intraday low of $25.86 and an intraday high of $26.3 and the price was in this range throughout the day. The company has a market cap of $2,543 million and the number of outstanding shares has been calculated to be 98,072,195 shares. The 52-week high of Oceaneering International, Inc. (NYSE:OII) is $36.92 and the 52-week low is $22.47.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Oceaneering International was Initiated by SunTrust to Hold on Jan 18, 2017.
Company has reported several Insider transactions to the SEC, on Nov 14, 2016, John R Kreider (SVP, Advanced Technologies) sold 3,501 shares at 23.74 per share price.On Jun 30, 2016, David K Lawrence (Sr. V.P., Gen.Counsel and Sec.) purchased 90 shares at 30.22 per share price.On Jun 29, 2016, Stephen P Barrett (Sr. V.P., Subsea Products) purchased 1,000 shares at 28.91 per share price.
Oceaneering International Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.16. The company had revenue of $549.28 million for the quarter, compared to analysts expectations of $597.22 million. The companys revenue was down -26.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.70 EPS.
OCEANEERING INTERNATIONAL, INC. is an advanced applied technology company that provides engineered services and hardware to customers who operate in marine, space and other harsh environments. The company supplies a comprehensive range of integrated technical services to a wide array of industries and is one of the worlds largest underwater services contractors.