Shares of Oil States International Inc. (NYSE:OIS) traded at a new 52-week high today of $8.59. So far today approximately 418,000 shares have been exchanged, as compared to an average 30-day volume of 920,000 shares.
Oil States International Inc. (NYSE:OIS) is currently priced 8.7% above its average consensus analyst price target of $7.84.
Oil States International Inc. share prices have moved between a 52-week high of $8.59 and a 52-week low of $1.52 and are now trading 465% above that low price at $8.59 per share.
Oil States International is a manufacturer and service provider of oilfield products and services used by oil and natural gas companies, drilling companies, and other oilfield-services companies. The company’s product portfolio includes capital equipment manufactured for drilling, oil well construction, and production of oil and natural gas. The operating segments of the company are well-site services, offshore/manufactured products, and downhole technologies. The vast majority of the company’s revenue is generated by the well-site services and offshore/manufactured products segments, and more than half of the revenue is earned in the United States.
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