NEW YORK (
OYO Geospace Corporation
) hit a new 52-week high Tuesday as it traded at $109.99 compared with its previous 52-Week high of $108.88. OYO Geospace is changing hands at $108.62 with 11,774 shares traded as of 10:01 a.m. ET. Average volume has been 46,800 shares over the past 30 days.
OYO Geospace has a market cap of $666.7 million and is part of the
industry. Shares are up 9.8% year to date as of the close of trading on Friday.
OYO Geospace Corporation designs and manufactures instruments and equipment used in the acquisition and processing of seismic data, as well as in the characterization and monitoring of producing oil and gas reservoirs. The company has a P/E ratio of 32.1, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 23.2.
TheStreet Ratings rates OYO Geospace as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. 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
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