Should You Buy Oil States International, Inc. (OIS) Stock After it Has Fallen 7.26% in a Week?

Oil States International, Inc. (OIS) stock has fallen 7.26% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

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

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 OIS Stock Today?

Oil States International, Inc. (OIS) stock is trading at $5.49 as of 10:54 AM on Friday, Jul 30, a loss of -$0.59, or -9.79% from the previous closing price of $6.08. The stock has traded between $5.46 and $6.00 so far today. Volume today is less active than usual. So far 444,853 shares have traded compared to average volume of 939,088 shares.

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.