CGG SA (CGG) Shares Gap Up to $22.92
Shares of CGG SA (NYSE:CGG) gapped up prior to trading 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 traded.
A number of analysts have weighed in on CGG shares. Societe Generale upgraded CGG SA from a “hold” rating to a “buy” rating in a research note on Friday, April 8th. Zacks Investment Research upgraded CGG SA from a “sell” rating to a “hold” rating in a research note on Wednesday, May 25th.
The company’s 50-day moving average is $24.35 and its 200 day moving average is $30.49. The stock’s market cap is $390.64 million.
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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