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Ion Geophysical up 103% on the week

Mar. 04, 2016 12:46 PM ETION Geophysical Corporation (IOGPQ) StockIOGPQBy: Eric Jhonsa, SA News Editor
  • With the help of a debt restructuring deal and higher oil prices, beaten-down Ion Geophysical (IO +22.3%) has flown higher this week. Volume has generally been well above a 3-month daily average of 115K.
  • The seismic hardware/software/services provider is still down 82% from a split-adjusted 52-week high of $37.20. Its market cap stands at $69M.

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