Alert: Major Price Advance (1/6/21)-Oil States International Inc. (NYSE: OIS).


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.

Rating Review

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.

About John Lafferty 92875 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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