GEOS Stock Summary and Trading Ideas (Geospace Technologies | NASDAQ:GEOS)

Geospace Technologies Corp is engaged in designing and manufacturing seismic instruments and non-seismic equipment used in the oil and gas industry. The company has three different segments: oil and gas markets, adjacent markets, and emerging markets. The oil and gas markets segment, which accounts for the majority of the company's revenue, includes traditional exploration products, wireless exploration products, and reservoir characterization products and services. The adjacent markets business is closely tied to the oil and gas markets and includes imaging products and industrial products. The company operates globally across Asia, Canada, Europe, the United States, South America, Mexico, and other regions with a majority of its revenue being generated within the United States.

Geospace Technologies trades on the NASDAQ stock market under the symbol GEOS.

As of March 5, 2025, GEOS stock price declined to $7.40 with 31,429 million shares trading.

GEOS has a beta of 1.53, meaning it tends to be more sensitive to market movements. GEOS has a correlation of 0.19 to the broad based SPY ETF.

GEOS has a market cap of $94.55 million. This is considered a Micro Cap stock.

In the last 3 years, GEOS traded as high as $17.09 and as low as $3.76.

The top ETF exchange traded funds that GEOS belongs to (by Net Assets): VTI, IWM, VXF, IWN, AVUV.

GEOS has underperformed the market in the last year with a price return of -42.2% while the SPY ETF gained +14.7%. GEOS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -32.5% and -19.8%, respectively, while the SPY returned -4.1% and -5.0%, respectively.

GEOS support price is $7.15 and resistance is $7.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GEOS shares will trade within this expected range on the day.