Oceaneering International Inc. (OII) is Trading Lower on Unusual Volume for February 04

Equities Staff |

Oceaneering International Inc. (OII) experienced unusually high volume on Feb. 04, as the stock lost 1.07% to a closing price of $29.71. The stock saw 2.87 million shares trade hands over the course of the day on 25,697 trades. Given that the stock’s average daily volume over the last month has been 1.62 million shares a day, this represents a pretty substantial spike over the norm.

Oceaneering International Inc. has a P/B ratio of 1.83. It also has a P/E ratio of 10.8. The stock has traded between $59.65 and $29.36 over the last 52-weeks, its 50-day SMA is now $37.12, and its 200-day SMA $43.12.

Oceaneering International Inc is an oilfield provider of engineered services and products to the offshore oil and gas industry, with a focus on deepwater applications.

Headquartered in Houston, TX, Oceaneering International Inc. has 12,400 employees and is currently under the leadership of CEO M. Kevin Mcevoy.

For a complete fundamental analysis analysis of Oceaneering International Inc., check out Equities.com’s Stock Valuation Analysis report for OII. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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