Geo Group Stock Bearish Momentum With A 25% Drop In The Last 10 Sessions

(VIANEWS) – Shares of Geo Group (NYSE: GEO) slid by a staggering 25.16% in 10 sessions from $12.28 to $9.19 at 11:08 EST on Monday, following the last session’s downward trend. NYSE is rising 0.68% to $15,569.56, following the last session’s downward trend.

Geo Group’s last close was $9.19, 26.13% below 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 9.77. Meaning, the purchaser of the share is investing $9.77 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%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 31.6% and positive 11.5% for the next.

Volume

Today’s last reported volume for Geo Group is 376416 which is 87.49% below its average volume of 2635340.

Moving Average

Geo Group’s worth is way under its 50-day moving average of $10.92 and higher than its 200-day moving average of $8.64.

Sales Growth

Geo Group’s sales growth is 8.4% for the ongoing quarter and 7.4% for the next.

More news about Geo Group (GEO).

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