Breaking Finance News

Oil States (NYSE:OIS) has been downgraded from Outperform to Market Perform in a statement by Wells Fargo earlier today.

Wells Fargo has downgraded Oil States (NYSE:OIS) from Outperform to Market Perform in a statement released on 7/07/2017.

Boasting a price of $26.90, Oil States (NYSE:OIS) traded -0.22% lower on the day. With the last close down -26.53% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Oil States has recorded a 50-day average of $26.18 and a two hundred day average of $31.03. Volume of trade was down over the average, with 691,814 shares of OIS changing hands under the typical 719,775

Performance Chart

Oil States (NYSE:OIS)

With a total market value of $0, Oil States has with a one year low of $22.35 and a one year high of $41.75 .

A total of 15 analysts have released a research note on OIS. Three analysts rating the company a strong buy, three analysts rating the company a buy, twelve analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $32.67.

More About Oil States (NYSE:OIS)

Oil States International, Inc., through its subsidiaries, provides specialty products and services to oil and natural gas related companies throughout the world. The Company operates as a technology-focused energy services company. The Company operates through two segments: Offshore Products and Well Site Services. Through Offshore Products segment, the Company provides engineered products and services for offshore oil and natural gas production systems and facilities, as well as certain products and services to the offshore and land-based drilling and completion markets. The Company's well site services segment includes a range of products and services that are used to drill for, establish and maintain the flow of oil and natural gas from a well throughout its life cycle. The Company operates in active oil and natural gas producing regions, including onshore and offshore the United States, Canada, West Africa, the North Sea, South America and Southeast and Central Asia.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *