Geospace Technologies Co. (NASDAQ:GEOS - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $10.23 and traded as high as $10.44. Geospace Technologies shares last traded at $10.23, with a volume of 57,285 shares trading hands.
Analyst Ratings Changes
Separately, StockNews.com raised Geospace Technologies from a "sell" rating to a "hold" rating in a report on Thursday, November 28th.
Get Our Latest Stock Report on Geospace Technologies
Geospace Technologies Trading Down 5.2 %
The company has a market cap of $123.28 million, a price-to-earnings ratio of -17.96 and a beta of 0.60. The stock has a 50-day simple moving average of $11.40 and a 200-day simple moving average of $10.24.
Institutional Trading of Geospace Technologies
A number of institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets boosted its stake in Geospace Technologies by 40.7% during the third quarter. BNP Paribas Financial Markets now owns 3,016 shares of the oil and gas company's stock valued at $31,000 after buying an additional 872 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in Geospace Technologies in the 2nd quarter valued at about $113,000. EagleClaw Capital Managment LLC bought a new position in shares of Geospace Technologies during the 3rd quarter valued at about $114,000. Rhumbline Advisers grew its stake in shares of Geospace Technologies by 2,370.7% in the 2nd quarter. Rhumbline Advisers now owns 14,824 shares of the oil and gas company's stock worth $133,000 after purchasing an additional 14,224 shares during the last quarter. Finally, Barclays PLC raised its holdings in shares of Geospace Technologies by 278.2% in the 3rd quarter. Barclays PLC now owns 16,622 shares of the oil and gas company's stock worth $172,000 after purchasing an additional 12,227 shares in the last quarter. 57.15% of the stock is owned by institutional investors and hedge funds.
Geospace Technologies Company Profile
(
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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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