Geospace Technologies (NASDAQ:GEOS) Stock Price Up 7%
Geospace Technologies Co. (NASDAQ:GEOS)’s share price rose 7% during mid-day trading on Friday . The stock traded as high as $15.80 and last traded at $15.60, approximately 156,375 shares changed hands during trading. An increase of 158% from the average daily volume of 60,716 shares. The stock had previously closed at $14.58.
The stock’s 50-day simple moving average is $14.74 and its 200 day simple moving average is $14.27.
In other news, EVP Robbin B. Adams sold 6,000 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $14.58, for a total value of $87,480.00. 3.94% of the stock is owned by corporate insiders.
About Geospace Technologies (NASDAQ:GEOS)
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 through three segments: Oil and Gas Markets, Adjacent Markets, and Emerging Markets.
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