Recent extremely meaningful negative changes in investment behavior have impacted Oil States International Inc (NYSE: OIS): the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.
Oil States International Inc (NYSE: OIS) has recently experienced important negative changes in fundamentals: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Oil States has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Oil States has a good Appreciation Score of 76 but a slightly negative Power Rating of 38, with the Neutral Value Trend Rating the result.
Recent Price Action
Oil States International Inc (NYSE: OIS) stock declined by -2.4% on 12/18/24. The shares closed at $4.83. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -8.5% during the last week.
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