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. It provides geophysical technology, services and solutions to the global oil and gas industry. Its offerings are designed to enable oil and gas exploration and production (E&P) companies to obtain images of the Earth’s subsurface. It offers services and products through three segments: E&P Technology & Services, E&P Operations Optimization, and Ocean Bottom Services. E&P Technology & Services provides services and products for complex and hard-to-image geologies, such as deepwater subsalt formations in the Gulf of Mexico and offshore East and West Africa and Brazil; unconventional reservoirs, such as those found onshore in shale, tight gas and oil sands formations, and offshore basin-wide seismic data and imaging programs. E&P Operations Optimization combines its Optimization Software and Services and Devices offerings. Ocean Bottom Services consists of OceanGeo, an ocean bottom data acquisition services company.