Oil States International (NYSE:OIS) Share Price Crosses Above 200 Day Moving Average - Time to Sell?

Shares of Oil States International, Inc. (NYSE:OIS - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.05 and traded as high as $5.39. Oil States International shares last traded at $5.32, with a volume of 316,574 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Oil States International from a "sell" rating to a "hold" rating in a research report on Monday, February 3rd.

Oil States International Trading Down 0.4 %

The business's 50-day moving average price is $5.20 and its 200 day moving average price is $5.06. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.40 and a quick ratio of 1.83. The firm has a market capitalization of $342.50 million, a price-to-earnings ratio of -16.44 and a beta of 2.61.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in OIS. SG Americas Securities LLC lifted its position in shares of Oil States International by 83.1% during the third quarter. SG Americas Securities LLC now owns 22,229 shares of the oil and gas company's stock worth $102,000 after purchasing an additional 10,087 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of Oil States International by 40.1% during the third quarter. BNP Paribas Financial Markets now owns 51,167 shares of the oil and gas company's stock worth $235,000 after purchasing an additional 14,654 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of Oil States International during the fourth quarter worth $128,000. Marshall Wace LLP bought a new stake in shares of Oil States International in the fourth quarter worth $97,000. Finally, MetLife Investment Management LLC increased its stake in shares of Oil States International by 82.4% in the fourth quarter. MetLife Investment Management LLC now owns 37,681 shares of the oil and gas company's stock worth $191,000 after buying an additional 17,019 shares during the last quarter. 97.44% of the stock is owned by institutional investors and hedge funds.

About Oil States International

Oil States International, Inc, through its subsidiaries, provides engineered capital equipment and products for the energy, industrial, and military sectors worldwide. The company operates through three segments: Well Site Services, Downhole Technologies, and Offshore/Manufactured Products. The Well Site Services segment offers a range of equipment and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its lifecycle.