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Monday, December 28, 2020

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GEOS Geospace Technologies Corp. gains 38% Dec 28, 2020

Geospace Technologies Corporation, together with its subsidiaries, designs and manufactures seismic instruments and equipment for the oil and gas industry in the United States, Canada, Colombia, the Russian Federation, and the United Kingdom. The company operates through two segments, Seismic and Non-Seismic. The Seismic segment offers land and marine nodal data acquisition systems; permanent land and seabed reservoir monitoring products and services; geophones and geophone strings; hydrophones; leader wires; connectors; telemetry cables; marine streamer retrieval and steering devices; and various other products. It also provides multi-component sensors; and seismic borehole acquisition systems. The Non-Seismic segment offers electronic pre-press products that employ direct thermal imaging and digital inkjet printing technologies targeted at the commercial graphics, industrial graphics, textile, and flexographic printing industries. This segment provides thermal imaging products for the commercial graphics industry; sensors and tools for vibration monitoring, mine safety application, and earthquake detection; cables for power and communication used in the offshore oil and gas, and offshore construction industries; water meter cables; and other specialty industrial cable and connector products. The company serves seismic contractors, and independent and government-owned oil and gas companies; direct users of equipment; specialized resellers; and specialty manufacturers, research institutions, and industrial product distributors. Geospace Technologies Corporation was founded in 1980 and is headquartered in Houston, Texas.http://www.priceseries.com/trade/GEOS-Geospace-Technologies-Corp-stock-gains-38-percent-a-Trade-Record-by-priceSeries-2020120320201228.html

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