CGG SA (CGG) Shares Gap Up to $22.92
CGG SA (NYSE:CGG) gapped up before the market opened on Thursday . The stock had previously closed at $22.24, but opened at $22.92. CGG SA shares last traded at $24.75, with a volume of 10,981 shares trading hands.
A number of brokerages have recently issued reports on CGG. Zacks Investment Research downgraded shares of CGG SA from a “buy” rating to a “hold” rating in a research report on Wednesday, May 4th. Societe Generale raised shares of CGG SA from a “hold” rating to a “buy” rating in a research report on Friday, April 8th.
The stock’s market capitalization is $13.15 billion. The firm has a 50-day moving average of $24.40 and a 200 day moving average of $30.95.
CGG SA (CGG) is a manufacturer of geophysical equipment. The Company is a provider of marine, land and airborne data acquisition services and geoscience services. The Company’s clients include independent, international and national oil companies. CGG operates in three business segments: Equipment, Acquisition, and Geology, Geophysics and Reservoir (GGR).
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