Short Interest in CGG (OTCMKTS:CGGYY) Decreases By 80.0%

CGG (OTCMKTS:CGGYY - Get Free Report) was the target of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 100 shares, a decline of 80.0% from the March 31st total of 500 shares. Based on an average daily volume of 3,600 shares, the short-interest ratio is presently 0.0 days.

CGG Stock Up 1.5 %

Shares of CGGYY stock traded up $0.01 on Friday, hitting $0.43. The company's stock had a trading volume of 10,000 shares, compared to its average volume of 1,158. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.77 and a quick ratio of 1.38. CGG has a fifty-two week low of $0.36 and a fifty-two week high of $0.85. The firm's fifty day moving average price is $0.43 and its 200-day moving average price is $0.55. The stock has a market capitalization of $303.76 million, a price-to-earnings ratio of 2.84 and a beta of 1.88.

CGG (OTCMKTS:CGGYY - Get Free Report) last released its quarterly earnings data on Wednesday, March 6th. The company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $268.00 million during the quarter. CGG had a net margin of 6.75% and a return on equity of 7.00%.

CGG Company Profile

CGG engages in the provision of data, products, services, and solutions in Earth science, data science, sensing, and monitoring in North America, Latin America, the Central and South Americas, Europe, Africa, the Middle East, and the Asia Pacific. It operates through two segments: Data, Digital & Energy Transition (DDE); and Sensing & Monitoring (SMO).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.