Procurement News Notice |
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| PNN | 2694 |
| Work Detail | The shares of Geospace Technologies Corporation (NASDAQ:GEOS) increased by 13.55% in the last 20 days and rose 5.54% in the past 5 trading sessions. Geospace Technologies Corporation (NASDAQ:GEOS) shares opened at $17.92 in the last session and had intraday high of $18.70 and low of $17.92 for a lower than normal intra-day volatility. Stock trading is easier when the volatility profile is such. The stock increased 0.44% or $0.08 during the last trading session, hitting $18.1. About 111,309 shares traded hands or 44.52% up from the average. Geospace Technologies Corporation (NASDAQ:GEOS) has risen 78.33% since January 22, 2016 and is uptrending. It has outperformed by 61.93% the S&P500. Analysts await Geospace Technologies Corporation (NASDAQ:GEOS) to report earnings on November, 16. They expect $-0.62 earnings per share, up 30.34% or $0.27 from last year’s $-0.89 per share. After $-0.89 actual earnings per share reported by Geospace Technologies Corporation for the previous quarter, Wall Street now forecasts -30.34% EPS growth. According to Zacks Investment Research, “Geospace Technologies Corporation is engaged in the designing and manufacturing of scientific instrumentation and equipment used in the acquisition and processing of seismic data, as well as in the characterization and monitoring of producing oil and gas reservoirs. The Company also manufactures and distributes thermal imaging equipment and dry thermal film products. Geospace’s seismic products consist of land and marine nodal seismic data acquisition systems; multi-component geophones and hydrophones; seismic leader wires; geophone string and acquisition system connectors; seismic telemetry cables; marine seismic cable retrieval and steering devices; and data acquisition systems. It also designs and manufactures non-seismic products, including industrial products, offshore cables, thermal printing equipment and film. Geospace Technologies Corporation, formerly known as OYO Geospace Corporation, is headquartered in Houston, Texas.” Geospace Technologies Corporation designs and makes instruments and equipment used in the gas and oil industry to acquire seismic data in order to locate, characterize and monitor hydrocarbon producing reservoirs. The company has a market cap of $238.72 million. The Firm operates in two divisions: Seismic and Non-Seismic. It currently has negative earnings. The Company’s seismic product lines consist of land and marine nodal data acquisition systems, permanent land and seabed reservoir monitoring services and products, geophones and geophone strings, hydrophones, leader wire, connectors, telemetry cables, marine streamer retrieval and steering devices, and various other products. The information provided on this website is for individual use only and should be considered strictly informational in nature. The article is not advice, and should not be treated as such. We are in no way responsible for any investment loss or damages. All content in our articles is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a solicitation of the purchase or sale of any securities. Viewers should always consult with a licensed securities professional before purchasing or selling any securities of companies profiled or discussed in our articles. It is possible that a viewer’s entire investment may be lost or impaired due to the speculative nature of the companies profiled. We make no recommendation that the securities of the companies profiled or discussed in on our website should be purchased, sold or held by investors. |
| Country | United States , Northern America |
| Industry | Industrial Equipment |
| Entry Date | 03 Sep 2016 |
| Source | http://www.consumereagle.com/geospace-technologies-corporation-nasdaqgeoss-company-shares-increased-13-55-after-low-volatility/171832/ |
