ION Geophysical Corporation (IO) is priced at $2.40 after the most recent trading session. At the very opening of the session, the stock price was $2.55 and reached a high price of $2.55, prior to closing the session it reached the value of $2.53. The stock touched a low price of $2.25.
Recently in News on April 13, 2021, ION announces expiration and results of its Exchange Offer and Rights Offering. ION Geophysical Corporation (NYSE: IO) (the “Company” or “ION”) today announced the expiration and results of its previously announced Exchange Offer and Rights Offering. You can read further details here
ION Geophysical Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $5.35 on 02/12/21, with the lowest value was $1.95 for the same time period, recorded on 03/30/21.
ION Geophysical Corporation (IO) full year performance was 46.34%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, ION Geophysical Corporation shares are logging -55.14% during the 52-week period from high price, and 100.00% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.20 and $5.35.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1077280 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the ION Geophysical Corporation (IO) recorded performance in the market was -1.23%, having the revenues showcasing -17.24% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 45.00M, as it employees total of 428 workers.
Analysts verdict on ION Geophysical Corporation (IO)
During the last month, 0 analysts gave the ION Geophysical Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.67, with a change in the price was noted +0.74. In a similar fashion, ION Geophysical Corporation posted a movement of +44.58% for the period of last 100 days, recording 1,186,387 in trading volumes.
ION Geophysical Corporation (IO): Technical Analysis
Raw Stochastic average of ION Geophysical Corporation in the period of last 50 days is set at 13.24%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 37.20%. In the last 20 days, the company’s Stochastic %K was 42.91% and its Stochastic %D was recorded 47.07%.
Let’s take a glance in the erstwhile performances of ION Geophysical Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -1.23%. Additionally, trading for the stock in the period of the last six months notably improved by 38.73%, alongside a boost of 46.34% for the period of the last 12 months. The shares increased approximately by 13.21% in the 7-day charts and went up by -24.53% in the period of the last 30 days. Common stock shares were lifted by -17.24% during last recorded quarter.