Geospace Technologies Corp. (NASDAQ:GEOS) saw unusually-strong trading volume on Monday . Approximately 99,257 shares traded hands during mid-day trading, an increase of 33% from the previous session’s volume of 74,500 shares.The stock last traded at $17.47 and had previously closed at $17.25.

The firm’s 50 day moving average is $16.63 and its 200 day moving average is $14.89. The stock’s market cap is $234.44 million.

Geospace Technologies Corp. (NASDAQ:GEOS) last posted its quarterly earnings results on Thursday, August 4th. The company reported ($0.89) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.57) by $0.32. The company had revenue of $17.70 million for the quarter, compared to analysts’ expectations of $15.05 million. Geospace Technologies Corp.’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.66) earnings per share. On average, analysts expect that Geospace Technologies Corp. will post ($2.41) EPS for the current year.

An institutional investor recently bought a new position in Geospace Technologies Corp. stock. Schroder Investment Management Group purchased a new stake in shares of Geospace Technologies Corp. (NASDAQ:GEOS) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 113,111 shares of the company’s stock, valued at approximately $1,592,000. Schroder Investment Management Group owned about 0.85% of Geospace Technologies Corp. as of its most recent SEC filing.

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 in two segments: Seismic and Non-Seismic. Its seismic product lines consist of land and marine nodal data acquisition systems, permanent land and seabed reservoir monitoring products and services, geophones and geophone strings, hydrophones, leader wire, connectors, telemetry cables, marine streamer retrieval and steering devices, and various other products.

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