OIL SEARCH LTD/ADR (OTCMKTS:OISHY) Trading Down 1.5%

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OIL SEARCH LTD/ADR (OTCMKTS:OISHY) shares were down 1.5% on Tuesday . The stock traded as low as $10.75 and last traded at $10.75, approximately 1,396 shares traded hands during trading. A decline of 74% from the average daily volume of 5,310 shares. The stock had previously closed at $10.91.

Several equities research analysts recently weighed in on OISHY shares. JPMorgan Chase & Co. raised shares of OIL SEARCH LTD/ADR from a “neutral” rating to an “overweight” rating in a research report on Tuesday, April 7th. Sanford C. Bernstein raised shares of OIL SEARCH LTD/ADR from a “market perform” rating to an “outperform” rating in a research report on Tuesday, May 5th.

The company’s 50-day moving average is $11.56 and its two-hundred day moving average is $15.38.

OIL SEARCH LTD/ADR Company Profile (OTCMKTS:OISHY)

Oil Search Limited explores for, develops, and produces oil and gas properties in Papua New Guinea, the United States, and Australia. The company operates through PNG Business Unit and Alaska Business Unit segments. It is involved in the development, production, and sale of hydrocarbons, liquefied natural gas, crude oil, natural gas, condensate, naphtha, and other refined products; and power generation activities.

See Also: Capital Gains

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