Oceaneering International Inc. (OII): A Brand-New Prospect for Investors – Invest Chronicle

Oceaneering International Inc. (OII): A Brand-New Prospect for Investors

Oceaneering International Inc. (OII) is priced at $10.75 after the most recent trading session. At the very opening of the session, the stock price was $10.56 and reached a high price of $10.56, prior to closing the session it reached the value of $10.35. The stock touched a low price of $9.923.Recently in News on April 27, 2022, Oceaneering Reports First Quarter 2022 Results. Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) today reported a net loss of $19.2 million, or $(0.19) per share, on revenue of $446 million for the three months ended March 31, 2022. Adjusted net loss was $6.4 million, or $(0.06) per share, reflecting the impact of $0.4 million of pre-tax adjustments associated with foreign exchange gains recognized during the quarter and $13.1 million of discrete tax adjustments, primarily due to changes in valuation allowances. You can read further details here

Oceaneering International Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $18.20 on 03/08/22, with the lowest value was $9.92 for the same time period, recorded on 05/12/22.

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Oceaneering International Inc. (OII) full year performance was -28.91%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Oceaneering International Inc. shares are logging -40.93% during the 52-week period from high price, and 8.33% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $9.92 and $18.20.

The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1137265 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Oceaneering International Inc. (OII) recorded performance in the market was -8.49%, having the revenues showcasing -25.70% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.07B, as it employees total of 8500 workers.

The Analysts eye on Oceaneering International Inc. (OII)

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 13.82, with a change in the price was noted -0.23. In a similar fashion, Oceaneering International Inc. posted a movement of -2.10% for the period of last 100 days, recording 871,684 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for OII is recording 1.41 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.41.

Technical rundown of Oceaneering International Inc. (OII)

Raw Stochastic average of Oceaneering International Inc. in the period of last 50 days is set at 9.39%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 13.00%. In the last 20 days, the company’s Stochastic %K was 7.62% and its Stochastic %D was recorded 5.04%.

Considering, the past performance of Oceaneering International Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -8.49%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -22.47%, alongside a downfall of -28.91% for the period of the last 12 months. The shares increased approximately by -15.85% in the 7-day charts and went up by -30.68% in the period of the last 30 days. Common stock shares were lifted by -25.70% during last recorded quarter.

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