Viridien (OTCMKTS:CGGYY) Stock Price Down 1.9% - Here's What Happened

Key Points

• Viridien's stock decreased by 1.9% during trading, closing at $70.13, with a significant drop in trading volume of 85% compared to the average session.
• The company currently has a market capitalization of $500.48 million and a price-to-earnings ratio of 4.13, indicating potentially undervalued stock performance.
• Viridien specializes in data, products, services, and solutions related to Earth science and monitoring across multiple global regions, operating through two main segments.

Shares of Viridien (OTCMKTS:CGGYY - ) traded down 1.9% during trading on Friday . The stock traded as low as $70.13 and last traded at $70.13. 124 shares changed hands during trading, a decline of 85% from the average session volume of 822 shares. The stock had previously closed at $71.45.

Viridien Stock Down 1.9%

The stock has a market capitalization of $500.48 million, a price-to-earnings ratio of 4.13 and a beta of 1.82. The firm's fifty day simple moving average is $68.60 and its 200 day simple moving average is $63.03. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.33 and a current ratio of 1.69.

Viridien 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.