CGG Stock Over 16% Up In The Last 5 Sessions

(VIANEWS) – Shares of CGG (CAC 40: CGG.PA) rose by a staggering 16.17% in 5 sessions from €0.63 to €0.73 at 20:53 EST on Monday, after four consecutive sessions in a row of gains. CAC 40 is sliding 0.18% to €7,386.70, after five consecutive sessions in a row of gains.

CGG’s last close was €0.70, 30.38% under its 52-week high of €1.00.

About CGG

CGG provides data, products, services, and solutions in Earth science, data science, sensing, and monitoring in North America, the Central and South Americas, Europe, Africa, the Middle East, and the Asia Pacific. It operates through two segments, Data, Digital & Energy Transition (DDE); and Sensing & Monitoring (SMO). The DDE segments engages in the developing and licensing Earth data seismic surveys; processing and imaging seismic data; sale of seismic data processing software under the Geovation brand; provision of geoscience and petroleum engineering consulting services; and collecting, developing, and licensing geological data. The SMO segment is involved in the design, engineering, and manufacturing of seismic equipment for the land and marine seismic data acquisition, including seismic recording equipment, software and seismic sources for land vibrators or marine sources, and sensing and monitoring equipment and solutions under the Sercel, Metrolog, GRC, DeRegt, and Geocomp brand names. This segment also provides customer support services, such as training. The company provides solutions for natural resources, environmental, infrastructure, energy transition, and digital applications. The company was formerly known as Compagnie Générale de Géophysique — Veritas SA and changed its name to CGG in 2013. CGG was incorporated in 1931 and is headquartered in Massy, France.

Earnings Per Share

As for profitability, CGG has a trailing twelve months EPS of €0.06.

PE Ratio

CGG has a trailing twelve months price to earnings ratio of 12.13. Meaning, the purchaser of the share is investing €12.13 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.76%.

Volatility

CGG’s last week, last month’s, and last quarter’s current intraday variation average was 5.16%, 0.56%, and 1.95%.

CGG’s highest amplitude of average volatility was 5.16% (last week), 2.10% (last month), and 1.95% (last quarter).

Moving Average

CGG’s value is above its 50-day moving average of €0.67 and higher than its 200-day moving average of €0.73.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, CGG’s stock is considered to be oversold (<=20).

More news about CGG (CGG.PA).

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