Geospace Technologies Corp [NASDAQ: GEOS] traded at a low on Wednesday, posting a -9.47 loss after which it closed the day’ session at $8.51.
The results of the trading session contributed to over 155425 shares changing hands. Over the past one week, the price volatility of Geospace Technologies Corp stands at 17.53% while the volatility over the past one month is 8.16%.
The market cap for GEOS stock reached $108.99 million, with 12.80 million shares outstanding and 11.74 million shares in the current float. Compared to the average trading volume of 62.12K shares, GEOS reached a trading volume of 155425 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Geospace Technologies Corp [GEOS]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GEOS shares is $17.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GEOS stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Singular Research have made an estimate for Geospace Technologies Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 24, 2018. While these analysts kept the previous recommendation, Cowen dropped their target price from $40 to $12. The new note on the price target was released on August 24, 2015, representing the official price target for Geospace Technologies Corp stock. Previously, the target price had yet another drop from $140 to $75, while Furey Research Partners kept a Buy rating on GEOS stock. On May 09, 2014, analysts decreased their price target for GEOS shares from 140 to 75.
The Average True Range (ATR) for Geospace Technologies Corp is set at 0.53, with the Price to Sales ratio for GEOS stock in the period of the last 12 months amounting to 0.94. The Price to Book ratio for the last quarter was 0.82, with the Price to Cash per share for the same quarter was set at 1.55.
How has GEOS stock performed recently?
Geospace Technologies Corp [GEOS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 27.20. With this latest performance, GEOS shares gained by 40.66% in over the last four-week period, additionally sinking by -15.24% over the last 6 months – not to mention a drop of -8.20% in the past year of trading.
Geospace Technologies Corp [GEOS]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Geospace Technologies Corp [GEOS] shares currently have an operating margin of -0.77% and a Gross Margin at 39.77%. Geospace Technologies Corp’s Net Margin is presently recorded at -14.03%.
Return on Equity for this stock declined to -10.66%, with Return on Assets sitting at -10.66%.
Insider trade positions for Geospace Technologies Corp [GEOS]
There are presently around $65.03%, or 70.87%% of GEOS stock, in the hands of institutional investors. The top three institutional holders of GEOS stocks are: DISCIPLINED GROWTH INVESTORS INC /MN with ownership of 1.57 million shares, which is approximately 11.885%. BLACKROCK INC., holding 0.79 million shares of the stock with an approximate value of $$7.09 million in GEOS stocks shares; and BLACKROCK INC., currently with $$6.78 million in GEOS stock with ownership which is approximately 5.7107%.
