Geospace Technologies (NASDAQ:GEOS – Get Free Report) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a report issued on Thursday.
Geospace Technologies Price Performance
NASDAQ:GEOS opened at $11.24 on Thursday. The company has a market capitalization of $145.11 million, a P/E ratio of 14.23 and a beta of 0.63. The business has a fifty day simple moving average of $10.29 and a two-hundred day simple moving average of $10.27. Geospace Technologies has a 1 year low of $8.09 and a 1 year high of $17.09.
Geospace Technologies (NASDAQ:GEOS – Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The oil and gas company reported ($0.16) earnings per share for the quarter. Geospace Technologies had a return on equity of 7.68% and a net margin of 8.28%. The firm had revenue of $25.86 million for the quarter.
Institutional Trading of Geospace Technologies
About Geospace Technologies
Geospace Technologies Corporation designs and manufactures instruments and equipment used in the oil and gas industry to acquire seismic data in order to locate, characterize, and monitor hydrocarbon producing reservoirs. The company operates through three segments: Oil and Gas Markets, Adjacent Markets, and Emerging Markets.
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