Oil States International Stock Gaps Up On Today's Open (OIS)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Shares of Oil States International (NYSE: OIS) were gapping up Tuesday morning with an open price 10% higher than Monday's closing price. The stock closed at $76.54 Monday and opened today's trading at $84.20.

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The average volume for Oil States International has been 880,800 shares per day over the past 30 days. Oil States International has a market cap of $4.11 billion and is part of the basic materials sector and energy industry. Shares are up 5.4% year to date as of the close of trading on Monday.

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 9.9, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Oil States International as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Oil States International Ratings Report.

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