Geospace Technologies (NASDAQ:GEOS - Get Free Report) announced its quarterly earnings results on Thursday. The oil and gas company reported ($0.77) earnings per share for the quarter, Zacks reports. Geospace Technologies had a negative net margin of 8.86% and a positive return on equity of 4.61%.
Geospace Technologies Price Performance
Geospace Technologies stock traded up $0.14 during midday trading on Monday, hitting $6.17. 79,655 shares of the stock were exchanged, compared to its average volume of 66,107. Geospace Technologies has a 1 year low of $5.65 and a 1 year high of $13.79. The firm has a market cap of $78.83 million, a P/E ratio of -7.43 and a beta of 0.28. The company has a 50 day moving average price of $6.77 and a two-hundred day moving average price of $9.04.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered shares of Geospace Technologies from a "hold" rating to a "sell" rating in a report on Wednesday, May 7th.
View Our Latest Research Report on Geospace Technologies
Geospace Technologies Company Profile
(
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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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