Shares of Oceaneering International Inc. (NYSE:OII) traded at a new 52-week high today of $14.01. So far today approximately 537,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.
Oceaneering International Inc. (NYSE:OII) is currently priced 1.3% above its average consensus analyst price target of $13.03.
Oceaneering International Inc is a global provider of engineered services and products for the oil and gas industry. The majority of Oceaneering’s products are produced for offshore oil and gas market participants. The company operates in five reportable segments Subsea Robotics; Manufactured Products; Offshore Projects Group; Integrity Management & Digital Solutions; and Aerospace and Defense Technologies. Its business segments are contained within two businesses – services and products provided primarily to the oil and gas industry, and to a lesser extent, the offshore renewables and mobility solutions industries (Energy Services and Products) and services and products provided to non-energy industries (Aerospace and Defense Technologies).
In the past 52 weeks, shares of Oceaneering International Inc. have traded between a low of $2.01 and a high of $14.01 and is now at $13.20, which is 557% above that low price.
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