Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 89 points (-0.7%) at 12,919 as of Monday, Nov. 26, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 886 issues advancing vs. 2,023 declining with 120 unchanged. The Electronics industry currently sits up 0.2% versus the S&P 500, which is down 0.7%. A company within the industry that increased today was OYO Geospace Corporation ( OYOG), up 18.2%. TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today: 4. Geospace Technologies ( GEOS) is one of the companies pushing the Electronics industry higher today. As of noon trading, Geospace Technologies is up $11.16 (18.2%) to $72.37 on average volume Thus far, 54,385 shares of Geospace Technologies exchanged hands as compared to its average daily volume of 97,200 shares. The stock has ranged in price between $71.32-$73.52 after having opened the day at $72.75 as compared to the previous trading day's close of $61.20. Geospace Technologies 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. Geospace Technologies has a market cap of $924.9 million and is part of the technology sector. The company has a P/E ratio of 22.8, above the S&P 500 P/E ratio of 17.7. Shares are up 87.6% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Geospace Technologies a buy, no analysts rate it a sell, and none rate it a hold. TheStreet Ratings rates Geospace Technologies 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, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Geospace Technologies Ratings Report now. Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade
In trading on Wednesday, shares of Geospace Technologies Corp crossed below their last reported book value — defined as common shareholder equity per share — of $25.04, changing hands as low as $23.92 per share. Geospace Technologies Corp shares are currently trading down about 7.5% on the day.