OII Experiences Significant Drop Below Key Moving Average

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Oceaneering International Shares Dip Below Key Moving Average

Stock Performance Highlights

In Wednesday’s trading session, shares of Oceaneering International, Inc. (Symbol: OII) fell below their 200-day moving average of $23.54, reaching a low of $22.98 per share. Currently, the stock is down approximately 3.7% for the day. The accompanying chart illustrates the stock’s performance over the past year, showing movements relative to its 200-day moving average:

Oceaneering International, Inc. 200 Day Moving Average Chart

Evaluating the annual range, OII’s lowest point over the last 52 weeks was $18.665 per share, while the highest point was $30.45. The latest trade recorded was at $23.04.

Click here to find out which 9 other energy stocks recently crossed below their 200-day moving average »

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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