NEW YORK (
) hit a new 52-week high Monday as it traded at $84.03 compared with its previous 52-Week high of $83.65. Oceaneering International is changing hands at $83.99 with 43,121 shares traded as of 9:42 a.m. ET. Average volume has been 558,400 shares over the past 30 days.
Oceaneering International has a market cap of $4.2 billion and is part of the
industry. Shares are up 12.1% year to date as of the close of trading on Friday.
Oceaneering International, Inc., together with its subsidiaries, provides engineered products and services primarily to the offshore oil and gas industry with a focus on deepwater applications. The company has a P/E ratio of 21.3, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 22.6.
TheStreet Ratings rates Oceaneering International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
52-week high stocks
or get investment ideas from our