Time to eliminate Hornbeck Offshore Services Inc. (NYSE:HOS) from your holding?


Hornbeck Offshore Services, Inc. (NYSE:HOS)‘s shares have oscillated between a high of $-80.04% and a low of $-10.50% over the last 12 months.

For the last 50 days, the stock has risen to a peak price of $-57.30% and hit a bottom of $-10.50%.

The Barchart Technical Opinion rating is a 100% Sell with a Strongest short term outlook on maintaining the current direction. Longer term, the trend strength is Maximum. Long term indicators fully support a continuation of the trend. The market is approaching oversold territory. Be watchful of a trend reversal.

Recently, Hornbeck Offshore Services, Inc. (NYSE:HOS) announced results for the first quarter ended March 31, 2017.

On moving volumes measurements, the stock?s 20-Day Simple Moving Average price is $-29.95%, 50-Day Simple Moving Average is $-42.24% and 200-Day Simple Moving Average is $-62.55%.

The stock is now moved -72.85% for the year. Over the last six months it has moved -61.03%, compared with a movement of -55.45% for the quarter, -45.71% for the month and -17.99% for the week.

The average volume, usually a measurement of three months average, is 1.04M. Relative volume on the other hand is 5.02. In total, Hornbeck Offshore Services, Inc. has 34.61M shares outstanding, with 32.44M of them being free float shares.

The stock?s short float stands at 35.13%, working out to a short ratio of 10.91.

Institutional investors own – of Hornbeck Offshore Services, Inc.’s equity, while insiders own 8.00% of the stock. In the last couple of months, the stock has seen 10.42% institutional investor transactions, compared to 2.26% insider transactions.

How have the investors seen their investment in the stock change? Hornbeck Offshore Services, Inc.’s return on equity for the trailing 12 months is -6.00% and return on investments for a similar period calculates to -0.80%%. The company posted return on assets of -2.90% for the same trailing 12 months period.

Does Hornbeck Offshore Services, Inc. have the ability to keep its doors open ? at least over the short-term? The company’s current ratio at the end of the most recent quarter was 5.50, while quick ratio for the same period was 5.50.

For the matters of debt, the company’s Long Term Debt/Equity for the most recent quarter was 0.79 and Total Debt/Equity for the same period was 0.79.