Alert: Major Price Decline (11/22/24)-Geospace Technologies Corp (NASDAQ: GEOS).

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Geospace Technologies Corp (NASDAQ: GEOS) stock closed at $11.27 on 11/22/24 after a major decline of -17.3%. Moreover, exceptionally high trading volume at 516% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -17.4% during the last week.

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Current PriceTarget Research Rating

Geospace Technologies has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Geospace Technologies has a neutral Appreciation Score of 51 but a poor Power Rating of 24, resulting in the Negative Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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