News stories about CGG (NYSE:CGG) have been trending positive recently, according to AlphaOne Sentiment. The research firm, a service of Accern, ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CGG earned a media sentiment score of 0.50 on AlphaOne’s scale. AlphaOne also assigned headlines about the oil and gas company an impact score of 96 out of 100, indicating that recent press coverage is extremely likely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have impacted Alpha One Sentiment Analysis’s rankings:
- CGG Files for Bankruptcy (marinelink.com)
- TS DOST First Seat Allotment Results 2017 declared today: Telangana Degree Online 1st Seat Allotment @ dost.cgg.gov.in (techfactslive.com)
- ETFs with exposure to CGG : June 16, 2017 (finance.yahoo.com)
- Telangana TSDEECET exam 2017 Admit card released at tsdeecet.cgg.gov.in by School Education Department (newsnation.in)
- CGG files for $1.95bn Chapter 11 bankruptcy (tradewindsnews.com)
CGG has been the subject of a number of recent analyst reports. Zacks Investment Research lowered CGG from a “hold” rating to a “strong sell” rating in a report on Wednesday, March 8th. ValuEngine lowered CGG from a “sell” rating to a “strong sell” rating in a report on Friday, June 2nd.
Shares of CGG (NYSE CGG) opened at 5.33 on Friday. The company’s market cap is $117.97 million. The firm has a 50-day moving average price of $6.08 and a 200 day moving average price of $9.16. CGG has a 12 month low of $4.92 and a 12 month high of $29.70.
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CGG Company Profile
CGG SA (CGG) is a manufacturer of geophysical equipment. The Company provides marine, land and airborne data acquisition services, as well as a range of other geoscience services, including data imaging, geoscience and petroleum engineering consulting services, and collecting, developing and licensing geological data.
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