Ion Geophysical Corp (IO) stock has risen 29.89% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
Ion Geophysical Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on IO!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With IO Stock Today?
Ion Geophysical Corp (IO) stock is trading at $1.13 as of 12:35 PM on Wednesday, Jan 26, a rise of $0.06, or 5.61% from the previous closing price of $1.07. The stock has traded between $1.04 and $1.19 so far today. Volume today is 1,186,256 compared to average volume of 1,271,596.
To see InvestorsObserver's Sentiment Score for Ion Geophysical Corp click here.
More About Ion Geophysical Corp
ION Geophysical Corp is a United States-based technology-focused company, which provides geoscience products, services, and solutions to the global oil and gas industry. The company operates through two segments: E&P Technology & Services and E&P Operations Optimization. It generates the majority of its revenue comes from the Technology & Services segment which creates digital data assets and delivers services to E&P(exploration and production) companies. Its geographical segments are Latin America, North America, Europe, Asia Pacific, Africa, Middle East, and others.
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