Geospace Technologies Corporation (NASDAQ:GEOS) has coverage initiated with a Buy rating and $17.25 price target

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Analyst Ratings For Geospace Technologies Corporation (NASDAQ:GEOS)

Today, Singular Research initiated coverage on Geospace Technologies Corporation (NASDAQ:GEOS) with a Buy with a price target of $17.25.

There are 1 Buy Ratings, no Strong Buy Ratings, no Sell Ratings, no Hold Ratings on the stock.

The current consensus rating on Geospace Technologies Corporation (NASDAQ:GEOS) is Buy with a consensus target price of $17.25 per share, a potential 19.13% upside.

Some recent analyst ratings include

  • 7/24/2018-Singular Research initiated coverage with a Buy rating.
  • 11/17/2016-Seaport Global Securities Reiterated Rating of Neutral.

Recent Insider Trading Activity For Geospace Technologies Corporation (NASDAQ:GEOS)
Geospace Technologies Corporation (NASDAQ:GEOS) has insider ownership of 3.92% and institutional ownership of 75.09%.

  • On 12/6/2017 Robbin B Adams, EVP, sold 1,000 with an average share price of $14.95 per share and the total transaction amounting to $14,950.00.
  • On 6/2/2017 Richard F Miles, Director, sold 3,000 with an average share price of $15.68 per share and the total transaction amounting to $47,040.00.
  • On 6/1/2017 Richard F Miles, Director, sold 5,450 with an average share price of $15.30 per share and the total transaction amounting to $83,385.00.
  • On 5/15/2017 Robbin B Adams, Insider, sold 1,500 with an average share price of $15.91 per share and the total transaction amounting to $23,865.00.
  • On 2/26/2016 Robbin B Adams, EVP, sold 2,500 with an average share price of $10.40 per share and the total transaction amounting to $26,000.00.
  • On 12/4/2014 William H Moody, Director, bought 1,000 with an average share price of $25.81 per share and the total transaction amounting to $25,810.00.
  • On 9/10/2013 Lacey Rice, VP, sold 1,000 with an average share price of $75.13 per share and the total transaction amounting to $75,130.00.

About Geospace Technologies Corporation (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 two segments, Seismic and Non-Seismic. The Seismic segment offers land and marine nodal data acquisition systems, permanent land and seabed reservoir monitoring products and services, geophones and geophone strings, hydrophones, leader wires, connectors, telemetry cables, marine streamer retrieval and steering devices, multi-component sensors, seismic borehole acquisition systems, and various other products. The Non-Seismic segment offers electronic pre-press products that employ direct thermal imaging and digital inkjet printing technologies targeted at the commercial graphics, industrial graphics, textile, and flexographic printing industries. This segment also provides other non-seismic products that consist of sensors and tools for vibration monitoring, mine safety application, and earthquake detection; cables for power and communication for the offshore oil and gas, and offshore construction industries; water meter cables and connectors; and other specialty industrial cable and connector products. The company serves seismic contractors, and independent and government-owned oil and gas companies; direct users of equipment; specialized resellers; and specialty manufacturers, research institutions, and industrial product distributors. It operates in the United States, Canada, Asia, Europe, and internationally. Geospace Technologies Corporation was founded in 1980 and is headquartered in Houston, Texas.

Recent Trading Activity for Geospace Technologies Corporation (NASDAQ:GEOS)
Shares of Geospace Technologies Corporation closed the previous trading session at 14,48 +0,36 2,55 % with 14.84 shares trading hands.