Oil States International (NYSE:OIS) Issues Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Oil States International (NYSE:OIS) announced its earnings results on Friday. The oil and gas company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.06 by $0.03, Zacks reports. Oil States International had a positive return on equity of 1.78% and a negative net margin of 2.78%.

Oil States International Price Performance

Oil States International stock opened at $4.74 on Friday. Oil States International has a 52-week low of $3.91 and a 52-week high of $6.53. The stock’s 50 day moving average price is $5.22 and its two-hundred day moving average price is $5.06. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.83 and a current ratio of 3.40.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Oil States International from a “sell” rating to a “hold” rating in a report on Saturday, February 15th.

Oil States International Company Profile

Oil States International, Inc, through its subsidiaries, provides engineered capital equipment and products for the energy, industrial, and military sectors worldwide. The company operates through three segments: Well Site Services, Downhole Technologies, and Offshore/Manufactured Products. The Well Site Services segment offers a range of equipment and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its lifecycle.