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Seaport Global Securities downgraded Oceaneering International (NYSE:OII) to Sell in a statement released earlier today.

Only yesterday Oceaneering International (NYSE:OII) traded -0.85% lower at $23.76. OII’s 50-day average is $23.94 and its 200-day moving average is $25.00. The last stock close price is down 3.20% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time. 1,667,474 shares of OII traded, up from an avg. trading volume of 1,422,930

Seaport Global Securities has downgraded Oceaneering International (NYSE:OII) to Sell in a report released on 6/21/2017.

Performance Chart

Oceaneering International (NYSE:OII)

With a total market value of $0, Oceaneering International has with a 52 week low of $20.74 and a 52 week high of $32.12 .

A total of 20 brokerages have released a ratings update on OII. Two analysts rating the company a strong buy, seven firms rating the stock a buy, 14 firms rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $35.02.

General Information About Oceaneering International (NYSE:OII)

Oceaneering International, Inc. is an oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. The Company's business segments are contained within two businesses: services and products provided to the oil and gas industry (Oilfield) and all other services and products (Advanced Technologies). Its four business segments within the Oilfield business are Remotely Operated Vehicles (ROVs), Subsea Products, Subsea Projects and Asset Integrity. The services and products it provides to the oil and gas industry include remotely operated vehicles, specialty subsea hardware, engineering and project management, subsea intervention services, including manned diving, survey and positioning services and asset integrity and nondestructive testing services. The Company serves the defense, aerospace and commercial theme park industries.

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