NEW YORK (

TheStreet

) --

OYO Geospace Corporation

(Nasdaq:

OYOG

) hit a new 52-week high Thursday as it is currently trading at $115.07, above its previous 52-week high of $115 with 69,648 shares traded as of 2:35 p.m. ET. Average volume has been 43,600 shares over the past 30 days.

OYO Geospace has a market cap of $565.4 million and is part of the

technology

sector and

electronics

industry. Shares are up 48.1% year to date as of the close of trading on Wednesday.

OYO Geospace Corporation engages in the design and manufacture of instruments and equipment used in the acquisition and processing of seismic data; and characterization and monitoring of producing oil and gas reservoirs. The company has a P/E ratio of 23.5, above the average electronics industry P/E ratio of 18.8 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates OYO Geospace as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

OYO Geospace Ratings Report

.

See all

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