Ion Geophysical Corporation Stock News

The stock price of Ion Geophysical Corp (NYSE: IO) increased by over 50% pre-market today. This is why it happened.

ION Geophysical (IO) +7% post-market after saying it entered forbearance agreements with creditors to remedy the failure to make interest payments that were due December 15.ION says

HOUSTON, Jan. 14, 2022 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO)

ION Geophysical Corp (IO) shares closed 6.3% lower than its previous 52 week low, giving the company a market cap of $29M. The stock is currently down 59.7% year-to-date, down 59.3% over the past 12 months, and down 84.2% over the past five years. This week, the Dow Jones Industrial Average rose 2.6%, and the S&P 500 rose 3.0%. Trading Activity Trading volume this week was 80.2% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.4. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -2208.4% The company's stock price performance over the past 12 months lags the peer average by -2076.8% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

HOUSTON, Dec. 23, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that written notice was received from the New York Stock Exchange (the “NYSE”) that the Company

HOUSTON, Dec. 23, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that written notice was received from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with the continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual. ION is considered below criteria established by the NYSE for continued listing because its average market capitalization has been less than $50 million over a consecutive 30 trading-day period, and at the same time its last reported stockholders’ equity was below $50 million.

ION Geophysical (NYSE:IO) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Tuesday, Zacks.com reports. According to Zacks, “ION GEOPHYSICAL CORPORATION is a leading provider of geophysical technology, services, and solutions for the global oil & gas industry. ION’s offerings allow E&P operators to […]

Wall Street analysts predict that ION Geophysical Co. (NYSE:IO) will post sales of $30.32 million for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for ION Geophysicals earnings, with the lowest sales estimate coming in at $29.20 million and the highest estimate coming in at $31.44 million. ION Geophysical posted sales []

HOUSTON, Dec. 17, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that the company has been awarded a contract with an Exploration and Production company in the Middl

HOUSTON, Dec. 17, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that the company has been awarded a contract with an Exploration and Production company in the Middle East and a Letter of Intent by a Ministry of Ports & Maritime Transport in East Africa for IONs Marlin digital infrastructure. These awards are for the deployment and support of Marlin in multi-year contracts whose first year revenues are expected to exceed more than $10 million dollars in aggregate. The Letter of Intent is subject to the execution of final closing documents, which ION expects to occur in the first quarter of 2022.

Wall Street brokerages forecast that ION Geophysical Co. (NYSE:IO) will report earnings of ($0.27) per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for ION Geophysicals earnings, with estimates ranging from ($0.38) to ($0.16). ION Geophysical reported earnings of ($0.43) per share during the same quarter last []

Equities research analysts expect ION Geophysical Co. (NYSE:IO) to announce sales of $30.32 million for the current fiscal quarter, according to Zacks. Two analysts have made estimates for ION Geophysicals earnings. The lowest sales estimate is $29.20 million and the highest is $31.44 million. ION Geophysical posted sales of $27.30 million during the same quarter [] The post $30.32 Million in Sales Expected for ION Geophysical Co. (NYSE:IO) This Quarter appeared first on ETF Daily News .

Equities analysts predict that ION Geophysical Co. (NYSE:IO) will report earnings of ($0.27) per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for ION Geophysicals earnings, with the lowest EPS estimate coming in at ($0.38) and the highest estimate coming in at ($0.16). ION Geophysical reported earnings per []

In last trading session, ION Geophysical Corporation (NYSE:IO) saw 0.89 million shares changing hands with its beta currently measuring 3.27. Companys recent per share price level of $1.47 trading at -$0.06 or -3.92% at ring of the bell on the day assigns it a market valuation of $45.63M. That closing price of IOs stock is ION Geophysical Corporation (NYSE:IO) Shares Rebounded 33.33% From Their Lows But Can They Continue? Read More »

Cocrystal Pharma, Inc. (COCP) with the stream of -12.22% also noticed, India ION Geophysical Corporation (IO) encountered a rapid change of 0.00% in the last hour of Mondays trading session. The post Lumpy Stock: Cocrystal Pharma, Inc. (NASDAQ:COCP), ION Geophysical Corporation (NYSE:IO) appeared first on Stocks Equity .