Somewhat Favorable News Coverage Somewhat Unlikely to Impact Ion Geophysical Corporation (IO) Share Price
News articles about Ion Geophysical Corporation (NYSE:IO) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ion Geophysical Corporation earned a coverage optimism score of 0.23 on Accern’s scale. Accern also gave media headlines about the oil and gas company an impact score of 45.0377370884683 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Separately, ValuEngine raised Ion Geophysical Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 29th.
In other Ion Geophysical Corporation news, EVP Jamey S. Seely sold 12,500 shares of the company’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of $5.02, for a total value of $62,750.00. Following the sale, the executive vice president now directly owns 103,935 shares of the company’s stock, valued at $521,753.70. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 15.20% of the stock is currently owned by corporate insiders.
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About Ion Geophysical Corporation
ION Geophysical Corporation is a technology-focused company. It provides geophysical technology, services and solutions to the global oil and gas industry. Its offerings are designed to enable oil and gas exploration and production (E&P) companies to obtain images of the Earth’s subsurface. It offers services and products through three segments: E&P Technology & Services, E&P Operations Optimization, and Ocean Bottom Services.
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