OMS Energy Technologies Inc. (NASDAQ:OMSE – Get Free Report)’s stock price was down 0.6% on Wednesday. The stock traded as low as $3.89 and last traded at $3.9850. 22,896 shares changed hands during trading, an increase of 35% from the average daily volume of 16,964 shares. The stock had previously closed at $4.01.
Analysts Set New Price Targets
OMSE has been the topic of a number of research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of OMS Energy Technologies in a report on Thursday, August 27th. Zacks Research upgraded shares of OMS Energy Technologies to a “hold” rating in a report on Tuesday, August 4th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce”.
View Our Latest Report on OMSE
OMS Energy Technologies Trading Down 0.6%
The business has a 50-day moving average price of $4.35 and a 200-day moving average price of $4.44.
Institutional Trading of OMS Energy Technologies
A hedge fund recently bought a new position in OMS Energy Technologies stock. Ramsey Quantitative Systems bought a new position in OMS Energy Technologies Inc. (NASDAQ:OMSE – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 36,978 shares of the company’s stock, valued at approximately $143,000. Ramsey Quantitative Systems owned 0.09% of OMS Energy Technologies at the end of the most recent reporting period.
OMS Energy Technologies Company Profile
OMS Energy Technologies (NASDAQ: OMSE) is an energy-services and manufacturing company focused on products used in oil and gas well construction and production. The company primarily supplies oil country tubular goods (OCTG), including casing and tubing, which are installed in wells to support drilling operations and transport hydrocarbons.
Its product and service offerings include threaded and coupled tubular products, premium connections, related accessories, and associated inspection, processing and supply-chain services.
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