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TheStreet downgraded The GEO Group Inc (NYSE:GEO) to Hold in a report released today.

TheStreet has downgraded The GEO Group Inc(NYSE:GEO) to Hold in a report released on Thursday August 18 2016.

On 8/3/2016, Canaccord Genuity released a statement for The GEO Group Inc(NYSE:GEO) upped the target price from $37.00 to $38.00. At the time, this indicated a possible upside of 0.12%.

Showing a price of $24.61, The GEO Group Inc (NYSE:GEO) traded 5.13% higher on the day. The last stock close is down 26.35% relative to the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same time. The GEO Group Inc has registered a 50-day moving average of $27.20 and two hundred day moving average of $31.46. Trading volume was was up over the average, with 4,310,303 shares of GEO changing hands over the typical 1,699,260 shares.

Performance Chart:

The GEO Group Inc (NYSE:GEO)

The GEO Group Inc has a PE of 12 with a 52 week low of $16.26 and a one-year high of $35.14. The company’s market capitalization is presently $0.0.

About The GEO Group Inc (NYSE:GEO)

The GEO Group, Inc. is a real estate investment trust (REIT), which specializes in the ownership, leasing and management of correctional, detention and re-entry facilities and the provision of community-based services and youth services in the United States, Australia, South Africa and the United Kingdom. The Company operates in four segments: U.S. Corrections & Detention segment, which encompasses its United States-based privatized corrections and detention business; GEO Care segment, encompasses its United States-based privatized corrections and detention business, youth services business and electronic monitoring and supervision service; International Services segment, which consists of its privatized corrections and detention operations in South Africa, Australia, and the United Kingdom, and Facility Construction & Design segment, which contracts with various states, local and federal agencies, as well as international agencies, and for the design and construction of facilities.

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