CGG SA (ADR) (NYSE:CGG) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 3, 2016
Zacks Investment Research has upgraded CGG SA (ADR) (NYSE:CGG) to Hold in a statement released on Monday October 03, 2016.
Boasting a price of $27.14, CGG SA (ADR) (NYSE:CGG) traded 5.03% higher on the day. With the last stock price close up 6.41% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. CGG SA (ADR) has recorded a 50-day average of $25.09 and a two hundred day average of $25.51. Volume of trade was down over the average, with 2,495 shares of CGG changing hands under the typical 2,762
With a total market value of $0, CGG SA (ADR) has with a one year low of $18.88 and a one year high of $154.24 .
A total of 2 equity analysts have released a ratings update on CGG. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $4.27.
Brief Synopsis About CGG SA (ADR) (NYSE: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. Its segments include Contractual Data Acquisition; Geology, Geophysics & Reservoir (GGR); Equipment, and Non-Operated Resources. The Contractual Data Acquisition includes marine, and land and multi-physics. Its Contractual Data Acquisition includes marine, and land and multi-physics. Its GGR segment includes the Multi-client business line and the Subsurface Imaging and Reservoir business lines (processing and imaging of geophysical data, reservoir characterization, geophysical consulting and software services, geological data library and data management solutions). The Equipment segment consists of its manufacturing and sales activities for seismic equipment.
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