Petroleum Geo-Services ASA (PGSVY) Downgraded to Strong Sell at ValuEngine
Petroleum Geo-Services ASA (OTCMKTS:PGSVY) was downgraded by stock analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a report released on Sunday.
Separately, Zacks Investment Research downgraded shares of Petroleum Geo-Services ASA from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st.
Shares of Petroleum Geo-Services ASA (OTCMKTS PGSVY) traded up $0.02 during midday trading on Friday, reaching $2.00. 7,425 shares of the company were exchanged, compared to its average volume of 8,382. Petroleum Geo-Services ASA has a 12-month low of $1.40 and a 12-month high of $3.57. The stock has a market capitalization of $677.16, a P/E ratio of -1.75 and a beta of 1.44. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.48 and a quick ratio of 1.48.
Petroleum Geo-Services ASA (PGS) is a marine geophysical company. The Company provides a range of seismic and reservoir services, including acquisition, imaging, interpretation and field evaluation. Its segments are Marine Contract and MultiClient. The service lines within the Marine segment include Marine Contract, MultiClient pre-funding, MultiClient late sales, Imaging and Other.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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