In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With OII Stock Today?
Oceaneering International Inc (OII) stock is lower by -1.2% while the S&P 500 has gained 0.18% as of 1:29 PM on Tuesday, Mar 26. OII is down -$0.28 from the previous closing price of $23.32 on volume of 275,954 shares. Over the past year the S&P 500 has risen 31.43% while OII has gained 35.37%. OII earned $0.95 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 24.1.
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More About Oceaneering International Inc
Oceaneering International is a global provider of engineered services and products for the oil and gas industry. Most of Oceaneering's products are produced for the offshore oil and gas market. It had a 2020 segment realignment to promote synergies and cost-efficiency. The five segments are subsea robotics; manufactured products; offshore projects group; integrity management and digital solutions; and aerospace and defense technologies. Within the segments are two businesses - services and products provided primarily to the oil and gas industry. The firm is also involved in the offshore renewables and mobility solutions industries (energy services and products) and services and products provided to nonenergy industries (aerospace and defense technologies).
Click Here to get the full Stock Report for Oceaneering International Inc stock.
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