Should You Buy Oil States International, Inc. (OIS) Stock on Thursday?

Overall market sentiment has been down on Oil States International, Inc. (OIS) stock lately. OIS receives a Bearish rating from InvestorsObserver Stock 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?

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. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With OIS Stock Today?

Oil States International, Inc. (OIS) stock is trading at $5.12 as of 12:01 PM on Thursday, Aug 18, a rise of $0.28, or 5.79% from the previous closing price of $4.84. The stock has traded between $4.96 and $5.18 so far today. Volume today is low. So far 220,397 shares have traded compared to average volume of 668,506 shares. To screen for more stocks like Oil States International, Inc. click here.

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.