Oil States International Inc. (NYSE: OIS) stock closed at $6.34 on 1/6/21 after a major increase of 12.4%. Moreover, trading volume in this advance was unusually high at 169% of normal. The stock has risen 26.5% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, OIS is expected to be a major Value Eraser.
Oil States has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Oil States has a very high Appreciation Score of 94 but a slightly negative Power Rating of 39, and the Positive Value Trend Rating results.
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.