Oil States International (NYSE:OIS) Share Price Passes Above 200-Day Moving Average - Should You Sell?

Oil States International, Inc. (NYSE:OIS - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $5.05 and traded as high as $5.47. Oil States International shares last traded at $5.30, with a volume of 1,202,158 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Oil States International from a "sell" rating to a "hold" rating in a report on Saturday, February 15th.

Oil States International Price Performance

The stock's 50 day simple moving average is $5.26 and its two-hundred day simple moving average is $5.06. The firm has a market capitalization of $337.22 million, a PE ratio of -16.54 and a beta of 2.57. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.83 and a current ratio of 3.40.

Oil States International (NYSE:OIS - Get Free Report) last issued its quarterly earnings data on Friday, February 21st. The oil and gas company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.06 by $0.03. The firm had revenue of $164.60 million for the quarter, compared to analyst estimates of $173.33 million. Oil States International had a negative net margin of 2.78% and a positive return on equity of 1.78%. On average, sell-side analysts forecast that Oil States International, Inc. will post 0.16 EPS for the current year.

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Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its position in 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 buying an additional 14,654 shares during the period. SG Americas Securities LLC boosted its position in shares of Oil States International by 21.5% in the 4th quarter. SG Americas Securities LLC now owns 27,000 shares of the oil and gas company's stock worth $137,000 after buying an additional 4,771 shares in the last quarter. Ethic Inc. grew its holdings in Oil States International by 14.2% during the 4th quarter. Ethic Inc. now owns 47,288 shares of the oil and gas company's stock valued at $239,000 after buying an additional 5,864 shares during the last quarter. MetLife Investment Management LLC raised its stake in Oil States International by 82.4% in the 4th quarter. MetLife Investment Management LLC now owns 37,681 shares of the oil and gas company's stock valued at $191,000 after purchasing an additional 17,019 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in Oil States International in the 4th quarter valued at about $97,000. Institutional investors and hedge funds own 97.44% of the company's stock.

Oil States International Company Profile

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.