ValuEngine lowered shares of China Oilfield Services (OTCMKTS:CHOLY) from a buy rating to a hold rating in a research note released on Thursday.
Separately, Zacks Investment Research cut China Oilfield Services from a strong-buy rating to a hold rating in a research report on Monday, August 27th.
Shares of China Oilfield Services stock remained flat at $$19.53 during midday trading on Thursday. 52 shares of the stock were exchanged, compared to its average volume of 397. The company has a quick ratio of 1.36, a current ratio of 1.47 and a debt-to-equity ratio of 0.70. China Oilfield Services has a fifty-two week low of $17.07 and a fifty-two week high of $26.06. The company has a market cap of $1.77 billion, a P/E ratio of 976.50 and a beta of 1.11.
About China Oilfield Services
China Oilfield Services Limited, together with its subsidiaries, provides integrated offshore oilfield services in Mainland China and internationally. The company operates through four segments: Drilling Services, Well Services, Marine Support Services, and Geophysical and Surveying Services. The Drilling Services segment provides drilling, module rigs, land drilling rigs, and drilling rigs management services.
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