CGG (CGG) in Focus: Stock Adds 11.7% in Session - Tale of the Tape

CGG CGG was a big mover last session, as the company saw its shares rise nearly 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $12.71 to $13.91 over the past one-month time frame.

None of the estimates for this oil field services stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

CGG holds a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the same industry include C&J Energy Services, Inc. CJES, Emerge Energy Services LP EMES, and Basic Energy Services, Inc. BAS. While C&J Energy Services and Emerge Energy Services sport a Zacks Rank #1 (Strong Buy), Basic Energy Services holds a Zacks Rank #2 (Buy).

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
CGG CGG: Free Stock Analysis Report
 
C&J ENERGY SVCS CJES: Free Stock Analysis Report
 
EMERGE ENRG SVC EMES: Free Stock Analysis Report
 
BASIC EGY SVCS BAS: Free Stock Analysis Report
 
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