Oppenheimer analyst Colin Rusch maintained a Buy rating on Ion Geophysical Corp (NYSE: IO) today. The company’s shares opened today at $21.95.
According to TipRanks.com, Rusch is a 5-star analyst with an average return of 15.7% and a 48.8% success rate. Rusch covers the Industrial Goods sector, focusing on stocks such as Capstone Turbine Corp, Amer Superconductor, and Canadian Solar Inc.
Ion Geophysical Corp has an analyst consensus of Moderate Buy, with a price target consensus of $35.
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The company has a one-year high of $32.45 and a one-year low of $3.20. Currently, Ion Geophysical Corp has an average volume of 205.1K.
Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock.
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ION Geophysical Corp. is a technology focused company, which engages in the provision of geoscience technology, services, and solutions to the oil and gas industry. It operates through the following business segments: E&P Technology and Services, E&P Operations Optimization, and Ocean Bottom Seismic Services.
