Geospace Technologies (NASDAQ:GEOS – Get Free Report) issued its earnings results on Wednesday. The oil and gas company reported $0.65 EPS for the quarter, Zacks reports. Geospace Technologies had a positive return on equity of 7.65% and a negative net margin of 4.85%.
Geospace Technologies Stock Down 0.7 %
Shares of GEOS stock opened at $8.88 on Friday. The firm has a market capitalization of $113.79 million, a PE ratio of -16.44 and a beta of 0.57. The company has a 50 day moving average price of $9.99 and a 200-day moving average price of $10.32. Geospace Technologies has a 52 week low of $8.09 and a 52 week high of $17.09.
Analysts Set New Price Targets
Separately, StockNews.com raised Geospace Technologies from a “sell” rating to a “hold” rating in a research report on Thursday, November 28th.
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.
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