Is Oil States International, Inc. (OIS) a Stock to Watch After Gaining 14.46% This Week?

Overall market sentiment has been high on Oil States International, Inc. (OIS) stock lately. OIS receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Oil States International, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on OIS!

See Full OIS Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With OIS Stock Today?

Oil States International, Inc. (OIS) stock has risen 1.09% while the S&P 500 has fallen -1.76% as of 10:15 AM on Wednesday, May 18. OIS is up $0.08 from the previous closing price of $7.36 on volume of 47,337 shares. Over the past year the S&P 500 is down -3.51% while OIS is up 9.09%. OIS lost -$0.95 per share in the over the last 12 months.

More About Oil States International, Inc.

Oil States International is a manufacturer and service provider of oilfield products and services used by oil and natural gas companies, drilling companies, and other oilfield-services companies. The company's product portfolio includes capital equipment manufactured for drilling, oil well construction, and production of oil and natural gas. The operating segments of the company are well-site services, offshore/manufactured products, and downhole technologies. The vast majority of the company's revenue is generated by the well-site services and offshore/manufactured products segments, and more than half of the revenue is earned in the United States. Click Here to get the full Stock Report for Oil States International, Inc. stock.