CGG (OTCMKTS:CGGYY) Sets New 52-Week High at $2.86

CGG SA (OTCMKTS:CGGYY) hit a new 52-week high during trading on Monday . The company traded as high as $2.86 and last traded at $2.85, with a volume of 565087 shares. The stock had previously closed at $2.65.

Several research firms have weighed in on CGGYY. ValuEngine cut CGG from a “sell” rating to a “strong sell” rating in a research note on Wednesday, November 6th. DNB Markets downgraded CGG from a “buy” rating to a “hold” rating in a report on Friday, October 25th.

The business’s 50-day moving average price is $2.55 and its 200-day moving average price is $2.17. The company has a quick ratio of 1.27, a current ratio of 1.46 and a debt-to-equity ratio of 0.79.

About CGG (OTCMKTS:CGGYY)

CGG operates as a geoscience company in North America, the Central and South Americas, Europe, Africa, the Middle East, and the Asia Pacific. It operates through Geology, Geophysics & Reservoir; and Equipment segments. The Geology, Geophysics & Reservoir segment develops and licenses multi-client seismic surveys; processes seismic data; and sells seismic data processing and reservoir characterization software primarily under the geovation, Hampson-Russell, and Jason brands.

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