Compagnie Generale de Gephysqu Vrts SA Hits New 52-Week Low at $13.03 (CGG)
Shares of Compagnie Generale de Gephysqu Vrts SA (NYSE:CGG) reached a new 52-week low on Monday , American Banking & Market News reports. The company traded as low as $13.03 and last traded at $13.14, with a volume of 34,079 shares. The stock had previously closed at $13.12.
Separately, analysts at Zacks upgraded shares of Compagnie Generale de Gephysqu Vrts SA from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 30th. They now have a $17.90 price target on the stock. One equities research analyst has rated the stock with a sell rating and nine have given a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $17.90.
The stock has a 50-day moving average of $15.89 and a 200-day moving average of $17.12. The company’s market cap is $2.331 billion.
CGG SA, formerly Compagnie Generale de Geophysique-Veritas, is a manufacturer of geophysical equipment and a provider of a range of seismic services in data acquisition and processing both onshore and offshore, principally to clients in the oil and gas exploration and production industry.
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