While Geospace Technologies Corp has overperformed by 1048681%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GEOS rose by 54.84%, with highs and lows ranging from $13.78 to $5.51, whereas the simple moving average jumped by 72.33% in the last 200 days.
On July 24, 2018, Singular Research started tracking Geospace Technologies Corp (NASDAQ: GEOS) recommending Buy. A report published by Cowen on August 24, 2015, Reiterated its previous ‘Market Perform’ rating for GEOS. Furey Research Partners also reiterated GEOS shares as ‘Buy’, quoting a target price of $75 on the company’s shares in a report dated May 09, 2014. CRT Capital Reiterated the rating as Buy on May 09, 2014, but set its price target from $140 to $75. BWS Financial resumed its ‘Hold’ rating for GEOS, as published in its report on May 09, 2014. BWS Financial’s report from March 24, 2014 suggests a price prediction of $60 for GEOS shares, giving the stock a ‘Hold’ rating. BWS Financial also rated the stock as ‘Hold’.
Analysis of Geospace Technologies Corp (GEOS)
Further, the quarter-over-quarter decrease in sales is -25.74%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Geospace Technologies Corp’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -11.88% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 3.84, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and GEOS is recording an average volume of 71.45K. On a monthly basis, the volatility of the stock is set at 10.16%, whereas on a weekly basis, it is put at 20.88%, with a gain of 125.51% over the past seven days. Furthermore, long-term investors anticipate a median target price of $17.25, showing decline from the present price of $71450.0, which can serve as yet another indication of whether GEOS is worth investing in or should be passed over.
How Do You Analyze Geospace Technologies Corp Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 8.31%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 63.36% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
GEOS shares are owned by institutional investors to the tune of 63.36% at present.
