StockNews.com lowered shares of Geospace Technologies (NASDAQ:GEOS – Free Report) from a hold rating to a sell rating in a report issued on Thursday morning.
Geospace Technologies Price Performance
Shares of Geospace Technologies stock traded up $0.23 during trading hours on Thursday, hitting $11.26. The company’s stock had a trading volume of 2,321 shares, compared to its average volume of 84,338. Geospace Technologies has a 12 month low of $8.09 and a 12 month high of $17.09. The stock has a 50 day moving average of $10.26 and a 200 day moving average of $10.29. The company has a market capitalization of $145.37 million, a PE ratio of 13.96 and a beta of 0.63.
Geospace Technologies (NASDAQ:GEOS – Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The oil and gas company reported ($0.16) earnings per share (EPS) for the quarter. The business had revenue of $25.86 million during the quarter. Geospace Technologies had a return on equity of 7.68% and a net margin of 8.28%.
Institutional Inflows and Outflows
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.
Recommended Stories
- Five stocks we like better than Geospace Technologies
- Using the MarketBeat Dividend Tax Calculator
- Texas Roadhouse Stock Steering for New Highs This Year
- 3 Tickers Leading a Meme Stock Revival
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Receive News & Ratings for Geospace Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geospace Technologies and related companies with MarketBeat.com's FREE daily email newsletter.