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Oil States International Stock Drops 8% Despite Swing To Profitability In Q4

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Oil States International, Inc. (OIS) is down 8.28 percent during Friday's trading, falling $0.39 to trade at $4.92 despite reporting a net income of $15.2 million for the fourth quarter, compared to a net loss of $14.3 million in the prior year.

The stock opened at $5.37 and has traded between $4.82 and $5.39 today. Trading volume stands at 636,559 shares, above its average of 488,155. OIS's 52-week range is $3.91 to $6.53.

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