OYO Geospace Reaches New 52-Week High (OYOG)

NEW YORK ( TheStreet) -- OYO Geospace Corporation (Nasdaq: OYOG) hit a new 52-week high Tuesday as it is currently trading at $111.36, above its previous 52-week high of $109.99 with 31,691 shares traded as of 11:10 a.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 39.4% year to date as of the close of trading on Monday.

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 21.2, above the average electronics industry P/E ratio of 18.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates OYO Geospace as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full OYO Geospace Ratings Report.

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