Geospace Technologies (NASDAQ:GEOS – Get Free Report) announced its quarterly earnings data on Wednesday. The oil and gas company reported $0.65 earnings per share 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 Price Performance
Shares of GEOS stock opened at $8.94 on Thursday. Geospace Technologies has a 12-month low of $8.09 and a 12-month high of $17.09. The firm has a 50-day moving average price of $10.02 and a 200 day moving average price of $10.33.
Wall Street Analyst Weigh In
Separately, StockNews.com raised Geospace Technologies from a “sell” rating to a “hold” rating in a research report on Thursday, November 28th.
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.
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