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|Bullish Two Hundred Day Moving Average Cross - SPN
Tuesday, January 21, 11:15 AM ET, by Market News Video Staff
In trading on Tuesday, shares of Superior Energy Services, Inc. (SPN) crossed above their 200 ...
Oceaneering International, Inc. Larger Than S&P 500 Component ADT Corp
Tuesday, January 21, 4:40 PM ET, by Market News Video Staff
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Oceaneering ...
Transocean Ltd. is Now Oversold (RIG)
Wednesday, January 22, 1:34 PM ET, by Market News Video Staff
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
RIG Falls to Levels Below Book Value
Thursday, January 23, 1:45 PM ET, by Market News Video Staff
In trading on Thursday, shares of Transocean Ltd. (RIG) crossed below their last reported book ...
Oil States International, Inc. Breaks Below 200-Day Moving Average - Notable for OIS
Friday, January 24, 11:31 AM ET, by Market News Video Staff
In trading on Friday, shares of Oil States International, Inc. (OIS) crossed below their 200 ...
Top Buys by Directors: Hughes's $312.7K Bet on OII
By Energy Stock Channel Staff, Thursday, February 28, 11:22 AM ET
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $312.7K by D. Michael Hughes, Director at Oceaneering International, Inc. (NYSE:OII).
Hughes bets big on OII:
||D. Michael Hughes
Hughes's average cost works out to $60.85/share. Shares of Oceaneering International, Inc. were changing hands at $63.85 at last check, trading up about 0.8% on Thursday. The chart below shows the one year performance of OII shares, versus its 200 day moving average:
Looking at the chart above, OII's low point in its 52 week range is $43.22 per share, with $65.37 as the 52 week high point — that compares with a last trade of $63.85.
According to the ETF Finder at ETF Channel, OII makes up 4.74% of the Dynamic Oil & Gas Services Portfolio ETF (AMEX:PXJ) which is trading higher by about 0.7% on the day Thursday.
See what other ETFs contain OII »
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