OIL SEARCH LTD/ADR (OTCMKTS:OISHY)’s stock price traded down 1.2% during mid-day trading on Monday . The stock traded as low as $23.92 and last traded at $23.92, 333 shares were traded during trading. A decline of 93% from the average session volume of 4,500 shares. The stock had previously closed at $24.20.
Several equities research analysts have recently commented on the stock. Deutsche Bank cut shares of OIL SEARCH LTD/ADR from a “buy” rating to a “hold” rating in a research report on Friday, May 10th. Morgan Stanley upgraded shares of OIL SEARCH LTD/ADR from an “equal weight” rating to an “overweight” rating in a research note on Monday, July 22nd. Finally, Citigroup upgraded shares of OIL SEARCH LTD/ADR from a “sell” rating to a “neutral” rating in a research note on Tuesday, June 4th.
The business’s fifty day moving average is $24.47.
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, Exploration, and Other segments. It is involved in the development, production, and sale of liquefied natural gas, crude oil, natural gas, condensate, naphtha, and other refined products; and power generation activities.
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