Viridien (OTCMKTS:CGGYY) Shares Down 5.8% – Here’s What Happened

Shares of Viridien (OTCMKTS:CGGYY – Get Free Report) were down 5.8% on Friday. The company traded as low as $93.55 and last traded at $93.55. Approximately 225 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 822 shares. The stock had previously closed at $99.30.

Viridien Stock Performance

The stock has a market capitalization of $667.67 million, a PE ratio of 5.50 and a beta of 1.82. The company has a quick ratio of 1.33, a current ratio of 1.69 and a debt-to-equity ratio of 1.16. The firm has a 50 day moving average price of $100.95 and a 200-day moving average price of $122.31.

About Viridien

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Viridien, formerly known as CGG, is a global geoscience technology company that provides data, imaging and consulting services for understanding the Earth’s subsurface. Its work supports exploration and development in the energy industry, as well as applications involving minerals, carbon capture and storage, and other natural-resource and environmental projects.

The company’s services include marine and land seismic data acquisition, seismic processing and imaging, geological and geophysical interpretation, and subsurface modeling.

Further Reading

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