CGG (OTCMKTS:CGGYY) Lowered to Strong Sell at ValuEngine

ValuEngine downgraded shares of CGG (OTCMKTS:CGGYY) from a sell rating to a strong sell rating in a research report sent to investors on Tuesday morning, ValuEngine reports.

CGGYY stock opened at $2.65 on Tuesday. The company has a quick ratio of 1.27, a current ratio of 1.46 and a debt-to-equity ratio of 0.79. The business’s fifty day simple moving average is $3.02 and its two-hundred day simple moving average is $2.63. CGG has a twelve month low of $1.48 and a twelve month high of $3.41. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of -2.14 and a beta of 2.69.

About CGG

CGG operates as a geoscience company in North America, the Central and South Americas, Europe, Africa, the Middle East, and the Asia Pacific. It operates through Geology, Geophysics & Reservoir; and Equipment segments. The Geology, Geophysics & Reservoir segment develops and licenses multi-client seismic surveys; processes seismic data; and sells seismic data processing and reservoir characterization software primarily under the geovation, Hampson-Russell, and Jason brands.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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