Geospace Technologies (NASDAQ:GEOS - Get Free Report) issued its quarterly earnings results on Wednesday. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter, Zacks reports. Geospace Technologies had a positive return on equity of 4.61% and a negative net margin of 8.86%.
Geospace Technologies Price Performance
Shares of GEOS traded down $0.14 during mid-day trading on Friday, reaching $8.59. 92,055 shares of the company's stock traded hands, compared to its average volume of 50,097. Geospace Technologies has a 12 month low of $8.09 and a 12 month high of $17.09. The stock has a market cap of $110.12 million, a P/E ratio of -10.35 and a beta of 0.57. The stock's 50-day moving average is $9.91 and its two-hundred day moving average is $10.31.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded shares of Geospace Technologies from a "sell" rating to a "hold" rating in a report on Thursday, November 28th.
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About Geospace Technologies
(
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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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