Seaport Global disclosed Oceaneering International (NYSE:OII), bumping down its price target to $27.00 earlier today
- Updated: December 1, 2016
Just yesterday Oceaneering International (NYSE:OII) traded 2.40% higher at $26.94. Oceaneering International’s 50-day moving average is $25.37 and its 200-day moving average is $28.15. The last stock price is down -3.06% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 2,275,757 shares of Oceaneering International exchanged hands, up from an avg. volume of 1,722,740
Reporting a potential upside of 0.00%, Seaport Global reduced the stock price target of Oceaneering International (NYSE:OII) to $27.00
With a total market value of $0, Oceaneering International has price-earnings ratio of 42.77 with a one year low of $22.47 and a one year high of $42.77 .
A total of 20 equity analysts have released a research note on OII. Two equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, fourteen equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $35.02.
Brief Synopsis About Oceaneering International (NYSE:OII)
Oceaneering International, Inc. is an oilfield provider of engineered services and products to the offshore oil and gas industry, with a focus on deep water applications. The Company's business segments include services and products provided to the oil and gas industry (Oilfield), and all other services and products (Advanced Technologies). The Company's four business segments within the Oil and Gas business includes Remotely Operated Vehicles (ROVs), Subsea Products, Subsea Projects and Asset Integrity. The Company's Advanced Technologies segment provides engineering services and related manufacturing principally to the United States Department of Defense, National Aeronautics and Space Administration (NASA) and its contractors, and the commercial theme park industry. Through the Asset Integrity division, the Company provides a range of asset integrity services to customers across the world for onshore and offshore.
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