Seaport Global Securities disclosed Oceaneering Intl (NYSE:OII), bumping down its price target to $27.00 earlier today
- Updated: December 1, 2016
Stating a potential upside of 0.01%, Seaport Global Securities bumped down the target of Oceaneering Intl (NYSE:OII) to $27.00
Yesterday Oceaneering Intl (NYSE:OII) traded 2.40% higher at $26.65. The company’s 50-day moving average is $25.37 and its 200-day moving average is $28.15. The last stock close price is down -3.06% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 2,275,757 shares of the stock were exchanged, up from an average trading volume of 1,722,740
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Oceaneering Intl has a 52 week low of $22.47 and a 52 week high of $42.77 with a P/E ratio of 42.77 OII’s total market value is presently $0.
A total of 20 equity analysts have released a ratings update 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 Intl (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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