Oil States International Reaches New 52-Week High (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) -- Oil States International (NYSE: OIS) hit a new 52-week high Thursday as it is currently trading at $98.77, above its previous 52-week high of $95.84 with 844,576 shares traded as of 10:40 a.m. ET. Average volume has been 1.1 million shares over the past 30 days.

Oil States International has a market cap of $5.19 billion and is part of the basic materials sector and energy industry. Shares are up 33.4% year to date as of the close of trading on Wednesday.

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

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. 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.

See all 52-week high stocks or get investment ideas from our investment research center.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.
null

If you liked this article you might like

Oil Service Stocks Fall After First Rig Decline in More Than 2 Months

Oil Service Stocks Fall After First Rig Decline in More Than 2 Months

David Einhorn Cashed Out of These 9 Stocks

David Einhorn Cashed Out of These 9 Stocks

Barbarian At The Gate: Oil States International (OIS)

Barbarian At The Gate: Oil States International (OIS)

Energy Stock Picks for Playing Strong Defense in Skittish Sector

Energy Stock Picks for Playing Strong Defense in Skittish Sector

Jim Cramer Points Out 24 Quality Stocks Down 40% or More

Jim Cramer Points Out 24 Quality Stocks Down 40% or More