NEW YORK (TheStreet) -- Oil States International (NYSE:OIS) hit a new 52-week high Friday as it is currently trading at $87.28, above its previous 52-week high of $87.15 with 79,716 shares traded as of 9:59 a.m. ET. Average volume has been 600,300 shares over the past 30 days. Oil States International has a market cap of $4.1 billion and is part of the basic materials sector and energy industry. Shares are up 12.8% year to date as of the close of trading on Thursday. Oil States International, Inc., through its subsidiaries, provides specialty products and services to the oil and gas drilling and production companies worldwide. It operates in four segments: Accommodations, Offshore Products, Well Site Services, and Tubular Services. The company has a P/E ratio of 14.7, below the average energy industry P/E ratio of 16.1 and below the S&P 500 P/E ratio of 17.7.
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