Geospace Technologies (NASDAQ:GEOS – Get Free Report) issued its quarterly earnings data 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 Stock Performance
Shares of GEOS opened at $6.66 on Friday. Geospace Technologies has a 1 year low of $5.77 and a 1 year high of $13.79. The company’s 50-day simple moving average is $6.80 and its 200-day simple moving average is $9.10. The stock has a market capitalization of $85.09 million, a PE ratio of -8.02 and a beta of 0.28.
Analyst Ratings Changes
Separately, StockNews.com downgraded Geospace Technologies from a “hold” rating to a “sell” rating in a research report on Wednesday.
Geospace Technologies Company Profile
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.
Further Reading
- Five stocks we like better than Geospace Technologies
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- DoorDash’s Uptrend Is Gaining Momentum in 2025
- What is a support level?
- Monolithic Power Systems: Will Strong Earnings Spark a Recovery?
- What Does Downgrade Mean in Investing?
- Why Flutter Entertainment May Be a Resilient Sports Betting Stock
Receive News & Ratings for Geospace Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geospace Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
