Ion Geophysical Corporation (IO): Price and Financial Metrics
IO Price/Volume Stats
|Current price||$0.35||52-week high||$2.67|
|Prev. close||$0.37||52-week low||$0.30|
|Day high||$0.37||Avg. volume||4,653,175|
|50-day MA||$0.68||Dividend yield||N/A|
|200-day MA||$1.12||Market Cap||10.22M|
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Ion Geophysical Corporation (IO) Company Bio
ION Geophysical Corporation, together with its subsidiaries, provides a suite of services and products for seismic data acquisition and processing in Latin America, North America, Europe, the Asia Pacific, Africa, the Middle East, and internationally. The company operates in two segments: E&P Technology & Services and Operations Optimization. The E&P Technology & Services segment offers data processing and imaging services; and survey planning and design, data acquisition and management, subsurface imaging, and reservoir characterization, as well as technical, commercial, and strategic advisory services. The Operations Optimization segment provides survey design, and command and control software systems and related services for marine towed streamer and seabed operations; and in-field optimization, and equipment maintenance and training services. This segment also develops, manufactures, and repairs marine towed streamer positioning and data acquisition systems, ocean bottom data acquisition technologies, marine diverters, analog geophones, and land acquisition systems, which are deployed in marine robotics, defense, scientific, exploration and production, and other commercial applications. ION Geophysical Corporation markets and sells its services and products through direct sales force and third-party sales representatives. The company was formerly known as Input/Output, Inc. and changed its name to ION Geophysical Corporation in 2007. ION Geophysical Corporation was founded in 1968 and is headquartered in Houston, Texas.
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Below are the latest news stories about Ion Geophysical Corp that investors may wish to consider to help them evaluate IO as an investment opportunity.
ION announces a continued forbearance and amendment extension related to its revolving credit agreement and forbearance agreement extension related to its senior secured second priority notes due 2025
HOUSTON, Feb. 15, 2022 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) announced today that it has entered into a Second Forbearance and Sixth Amendment extension with PNC Bank, National Association (“PNC”), under its Revolving Credit and Security Agreement dated August 22, 2014 (as amended, the “Credit Agreement”), pursuant to which PNC has agreed to waive, through and including March 8, 2022, a cross default that would have occurred under the Credit Agreement by virtue of ION’s miss
ION Geophysical (NYSE:IO) receives notice from NYSE as the stock fell below minimum listing standards on January 31, 2022. NYSE requires that the average closing price of a listed company's stock remain above $1.00 per share over a consecutive 30 trading-day period. Company has six months to regain compliance...
HOUSTON, Feb. 04, 2022 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) today announced that it received notice on January 31, 2022 from the New York Stock Exchange (the "NYSE") that the price of its common stock fell below the NYSE's continued listing standards. The NYSE requires that the average closing price of a listed company's common stock remain above $1.00 per share over a consecutive 30 trading-day period. As of January 28, 2022, the 30 trading-day period average closing price
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On Thursday, shares of seismic data provider ION Geophysical Corporation (IO) or "ION" lost more than 50% of their value after reports of the company looking to sell itself in a court-supervised auction under chapter 11 emerged: Seismic mapper Ion Geophysical Corp. is preparing a potential bankruptcy filing to sell...
IO Price Returns