Is there a Bearish outlook for ION Geophysical Corporation (NYSE:IO) this week?

March 14, 2018 - By Nellie Frank

 Is there a Bearish outlook for ION Geophysical Corporation (NYSE:IO) this week?

ION Geophysical Corporation (NYSE:IO) Ratings Coverage

Among 2 analysts covering Ion Geophysical Corp (NYSE:IO), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Ion Geophysical Corp had 4 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of ION Geophysical Corporation (NYSE:IO) earned “Hold” rating by Zacks on Monday, August 24. The company was maintained on Monday, August 24 by Cowen & Co. As per Thursday, September 3, the company rating was downgraded by Zacks. As per Monday, August 10, the company rating was downgraded by Zacks. Below is a list of ION Geophysical Corporation (NYSE:IO) latest ratings and price target changes.

The stock decreased 1.60% or $0.4 during the last trading session, reaching $24.55. About 179,136 shares traded. ION Geophysical Corporation (NYSE:IO) has declined 32.43% since March 14, 2017 and is downtrending. It has underperformed by 49.13% the S&P500.

ION Geophysical Corporation provides geoscience products, services, and solutions to the gas and oil industry worldwide. The company has market cap of $339.86 million. It operates through three divisions: E&P Technology & Services, E&P Operations Optimization, and Ocean Bottom Services. It currently has negative earnings. The E&P Technology & Services segment offers services to manage the entire seismic process, from survey planning and design to data acquisition and management, to final subsurface imaging and reservoir characterization.

More notable recent ION Geophysical Corporation (NYSE:IO) news were published by: which released: “ION provides an update on the WesternGeco litigation” on January 16, 2018, also with their article: “ION Geophysical’s (IO) CEO Brian Hanson on Q3 2017 Results – Earnings Call …” published on November 04, 2017, published: “Ion Geophysical Corp (IO) President & CEO R Brian Hanson Bought $474381 of Shares” on December 19, 2017. More interesting news about ION Geophysical Corporation (NYSE:IO) were released by: and their article: “ION Geophysical Corp.” published on March 05, 2016 as well as‘s news article titled: “ION Geophysical Corporation Is One Of The Best Stocks For 2016” with publication date: January 20, 2016.

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