Published On: Wed, Oct 19th, 2016

Broker Changes For Ion Geophysical Corporation (NYSE:IO)


Recently stock market analysts have updated their consensus ratings on shares of Ion Geophysical Corporation (NYSE:IO).

Most recent broker ratings

08/24/2015 – Ion Geophysical Corporation had its “market perform” rating reiterated by analysts at Cowen. They now have a USD 0.4 price target on the stock.

05/01/2015 – Ion Geophysical Corporation had its “hold” rating reiterated by analysts at Zacks.

08/12/2014 – Ion Geophysical Corporation had its “outperform” rating reiterated by analysts at Barrington Research. They now have a USD 5 price target on the stock.

03/19/2014 – Ion Geophysical Corporation was downgraded to “equal weight” by analysts at Barclays. They now have a USD 4 price target on the stock.

10/28/2013 – Ion Geophysical Corporation was downgraded to “neutral” by analysts at Dougherty & Co. They now have a USD 7.5 price target on the stock.

Ion Geophysical Corporation has a 50 day moving average of 6.08 and a 200 day moving average of 6.61. The stock’s market capitalization is 69.83M, it has a 52-week low of 2.55 and a 52-week high of 10.50.

The share price of the company (NYSE:IO) was up +0.42% during the last trading session, with a high of 6.00 and the volume of Ion Geophysical Corporation shares traded was 11573.

ION Geophysical Corporation is a technology focused company that provides geophysical technology, services and solutions to the global oil and gas industry. The Company offers services and products through four segments: Solutions, Systems, Software and Ocean Bottom Services (OBS). The Company’s Solutions segment provides over two service activities: Ventures group and Imaging Services group. The Company’s Systems segment’s products include Marine Acquisition Systems, Marine Positioning Systems and Geophones. The Company’s Software segment provides command and control software systems, related software and services for towed marine streamer, and seabed operations, as well as survey design. The Company, through OceanGeo B.V., offers an integrated OBS solution, which includes expert survey design, planning and optimization, superior data captured using multicomponent acquisition systems available to OceanGeo; data acquisition, and data processing, interpretation and reservoir services.