CGG Stock Bullish Momentum With A 15% Rise In The Last 5 Sessions

(VIANEWS) – Shares of CGG (CAC 40: CGG.PA) jumped by a staggering 15.07% in 5 sessions from €0.63 to €0.73 at 23:52 EST on Tuesday, after five successive sessions in a row of gains. CAC 40 is dropping 0.23% to €7,369.93, following the last session’s downward trend.

CGG’s last close was €0.73, 26.49% below 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 12.12. Meaning, the purchaser of the share is investing €12.12 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%.

Moving Average

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

Yearly Top and Bottom Value

CGG’s stock is valued at €0.73 at 23:52 EST, way below its 52-week high of €1.00 and way above its 52-week low of €0.56.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.5%, now sitting on 930M for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

CGG’s EBITDA is 37.18.

More news about CGG (CGG.PA).

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