Barclays PLC raised its holdings in Geospace Technologies Co. (NASDAQ:GEOS – Free Report) by 278.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 16,622 shares of the oil and gas company’s stock after acquiring an additional 12,227 shares during the period. Barclays PLC’s holdings in Geospace Technologies were worth $172,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of GEOS. BNP Paribas Financial Markets increased its holdings in shares of Geospace Technologies by 40.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,016 shares of the oil and gas company’s stock worth $31,000 after buying an additional 872 shares during the last quarter. EagleClaw Capital Managment LLC acquired a new stake in shares of Geospace Technologies during the 3rd quarter worth $114,000. Rhumbline Advisers increased its holdings in shares of Geospace Technologies by 2,370.7% during the 2nd quarter. Rhumbline Advisers now owns 14,824 shares of the oil and gas company’s stock worth $133,000 after buying an additional 14,224 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Geospace Technologies during the 2nd quarter worth $314,000. Finally, Renaissance Technologies LLC increased its holdings in shares of Geospace Technologies by 14.8% during the 2nd quarter. Renaissance Technologies LLC now owns 47,200 shares of the oil and gas company’s stock worth $424,000 after buying an additional 6,100 shares during the last quarter. 57.15% of the stock is currently owned by institutional investors and hedge funds.
Geospace Technologies Trading Down 4.0 %
Shares of Geospace Technologies stock opened at $9.45 on Thursday. The company has a fifty day moving average price of $10.63 and a 200 day moving average price of $10.34. Geospace Technologies Co. has a twelve month low of $8.09 and a twelve month high of $17.09. The stock has a market cap of $121.15 million, a price-to-earnings ratio of -17.50 and a beta of 0.60.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Geospace Technologies from a “sell” rating to a “hold” rating in a research report on Thursday, November 28th.
Read Our Latest Stock Report on Geospace Technologies
Geospace Technologies Company Profile
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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