Goldman Sachs Group upgraded shares of China Oilfield Services (OTCMKTS:CHOLY) from a neutral rating to a buy rating in a research report report published on Tuesday, The Fly reports.
A number of other research analysts have also recently issued reports on CHOLY. ValuEngine cut shares of China Oilfield Services from a buy rating to a hold rating in a report on Thursday, October 18th. Zacks Investment Research cut shares of China Oilfield Services from a strong-buy rating to a hold rating in a report on Monday, August 27th.
Shares of CHOLY opened at $18.39 on Tuesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.47 and a quick ratio of 1.36. The stock has a market capitalization of $1.61 billion, a PE ratio of 919.50 and a beta of 1.11. China Oilfield Services has a one year low of $17.74 and a one year high of $26.06.
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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