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Geo Group Stock Is 10% Down At Session Start On Tuesday

(VIANEWS) – Shares of Geo Group (NYSE: GEO) dropped by a staggering 10.38% to $10.71 at 10:22 EST on Tuesday, following the last session’s downward trend. NYSE is sliding 0.07% to $16,040.95, after two consecutive sessions in a row of gains. This seems, up to now, a somewhat down trend exchanging session today.

Geo Group’s last close was $11.95, 3.94% under its 52-week high of $12.44.

About Geo Group

The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO's diversified services include enhanced in-custody rehabilitation and post-release support through the award-winning GEO Continuum of Care, secure transportation, electronic monitoring, community-based programs, and correctional health and mental health care. GEO's worldwide operations include the ownership and/or delivery of support services for 102 facilities totaling approximately 82,000 beds, including idle facilities and projects under development, with a workforce of up to approximately 18,000 employees.

Earnings Per Share

As for profitability, Geo Group has a trailing twelve months EPS of $0.94.

PE Ratio

Geo Group has a trailing twelve months price to earnings ratio of 11.39. Meaning, the purchaser of the share is investing $11.39 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.55%.

Sales Growth

Geo Group’s sales growth is 8.3% for the present quarter and 4.9% for the next.

More news about Geo Group (GEO).

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