|Day Low/High||4.53 / 4.64|
|52 Wk Low/High||4.37 / 29.70|
CGG tanked after reporting a fourth quarter net loss that was nearly four times wider than expected.
In trading on Tuesday, shares of CGG entered into oversold territory, changing hands as low as $10.25 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.