Zacks Investment Research upgraded shares of GEOSPACE TEC CP (GEOS) from UNDERPERFORM to NEUTRAL on August 15, 2013, with a target price of $72.10.
Geospace Technologies Corporation is engaged in the designing and manufacturing of scientific instrumentation and equipment used in the acquisition and processing of seismic data, as well as in the characterization and monitoring of producing oil and gas reservoirs. The Company also manufactures and distributes thermal imaging equipment and dry thermal film products. Geospace's seismic products consist of land and marine nodal seismic data acquisition systems multi-component geophones and hydrophones seismic leader wires geophone string and acquisition system connectors seismic telemetry cables marine seismic cable retrieval and steering devices and data acquisition systems. It also designs and manufactures non-seismic products, including industrial products, offshore cables, thermal printing equipment and film. Geospace Technologies Corporation, formerly known as OYO Geospace Corporation, is headquartered in Houston, Texas.
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