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Actionable news in OAS: OASIS PETROLEUM Inc,

Oasis Petroleum (OAS) Marked As A Dead Cat Bounce Stock

Trade-Ideas LLC identified Oasis Petroleum ( OAS) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Oasis Petroleum as such a stock due to the following factors:

  • OAS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $102.1 million.
  • OAS has traded 212,174 shares today.
  • OAS was down 5.7% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in OAS with the Ticky from Trade-Ideas. See the FREE profile for OAS NOW at Trade-Ideas More details on OAS: Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Currently there are 11 analysts that rate Oasis Petroleum a buy, no analysts rate it a sell, and 13 rate it a hold. The average volume for Oasis Petroleum has been 12.2 million shares per day over the past 30 days. Oasis has a market cap of $1.8 billion and is part of the basic materials sector and energy industry. The stock has a beta of 2.35 and a short float of 21.5% with 3.12 days to cover. Shares are up 41.1% year-to-date as...