Somewhat Positive Media Coverage Somewhat Unlikely to Impact Geospace Technologies Corporation (NASDAQ:GEOS) Share Price
Media headlines about Geospace Technologies Corporation (NASDAQ:GEOS) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Geospace Technologies Corporation earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave press coverage about the oil and gas company an impact score of 46.8680491316246 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- Geospace Technologies Corporation (NASDAQ:GEOS) Posts Quarterly Earnings Results, Misses Estimates By $0.71 EPS (americanbankingnews.com)
- Edited Transcript of GEOS earnings conference call or presentation 4-Aug-17 2:00pm GMT (finance.yahoo.com)
- Geospace Technologies Earnings Show No Signs of Recovering Soon (fool.com)
- BRIEF-Geospace Technologies Q3 loss per share $1.09 (reuters.com)
- Geospace Technologies Reports Fiscal Year 2017 Third Quarter Results (finance.yahoo.com)
Geospace Technologies Corporation (GEOS) opened at 15.48 on Tuesday. The stock has a 50 day moving average price of $14.32 and a 200-day moving average price of $16.33. The firm’s market capitalization is $208.05 million. Geospace Technologies Corporation has a 12-month low of $13.08 and a 12-month high of $24.37.
Geospace Technologies Corporation (NASDAQ:GEOS) last issued its quarterly earnings results on Thursday, August 3rd. The oil and gas company reported ($1.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.38) by $0.71. The firm had revenue of $14.20 million for the quarter. Geospace Technologies Corporation had a negative net margin of 75.19% and a negative return on equity of 21.79%. On average, equities research analysts forecast that Geospace Technologies Corporation will post ($0.75) EPS for the current year.
Several equities analysts recently issued reports on the company. Zacks Investment Research raised Geospace Technologies Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, April 25th. ValuEngine raised Geospace Technologies Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, June 2nd.
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In other news, Director Richard F. Miles sold 3,000 shares of the firm’s stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $15.68, for a total transaction of $47,040.00. Following the completion of the sale, the director now directly owns 2,000 shares of the company’s stock, valued at approximately $31,360. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Richard F. Miles sold 5,450 shares of the firm’s stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $15.30, for a total value of $83,385.00. Following the sale, the director now directly owns 2,000 shares of the company’s stock, valued at $30,600. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,950 shares of company stock valued at $154,290. Corporate insiders own 3.47% of the company’s stock.
Geospace Technologies Corporation Company Profile
Geospace Technologies Corporation designs and manufactures instruments and equipment used by the oil and gas industry to acquire seismic data in order to locate, characterize and monitor hydrocarbon producing reservoirs. The Company also designs and manufactures non-seismic products, including industrial products, offshore cables and imaging equipment.
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