Shares of CGG (NYSE:CGG) hit a new 52-week low on Wednesday . The stock traded as low as $3.80 and last traded at $3.80, with a volume of 190 shares traded. The stock had previously closed at $3.97.

CGG has been the subject of several recent analyst reports. Zacks Investment Research upgraded CGG from a “strong sell” rating to a “hold” rating in a research report on Monday, May 8th. ValuEngine downgraded CGG from a “sell” rating to a “strong sell” rating in a research report on Friday, June 2nd.

The stock’s market capitalization is $75.48 million. The stock has a 50-day moving average price of $4.25 and a 200 day moving average price of $6.36.

CGG (NYSE:CGG) last issued its quarterly earnings data on Friday, July 28th. The oil and gas company reported ($7.64) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($4.48) by $3.16. The business had revenue of $349.80 million for the quarter. CGG had a negative net margin of 57.05% and a negative return on equity of 62.43%. Equities analysts forecast that CGG will post ($17.97) earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: “CGG (NYSE:CGG) Reaches New 1-Year Low at $3.80” was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The correct version of this story can be read at https://www.thecerbatgem.com/2017/08/19/cgg-sa-nysecgg-hits-new-52-week-low-at-3-80-updated.html.

About CGG

CGG SA (CGG) is a manufacturer of geophysical equipment. The Company provides marine, land and airborne data acquisition services, as well as a range of other geoscience services, including data imaging, geoscience and petroleum engineering consulting services, and collecting, developing and licensing geological data.

Receive News & Stock Ratings for CGG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CGG and related stocks with our FREE daily email newsletter.