Headlines

Geo Group Stock Bearish Momentum With A 33% Drop In The Last 21 Sessions

(VIANEWS) – Shares of Geo Group (NYSE: GEO) slid by a staggering 33.39% in 21 sessions from $12.04 to $8.02 at 13:26 EST on Monday, after two consecutive sessions in a row of losses. NYSE is sliding 0.55% to $14,812.29, after two successive sessions in a row of losses.

Geo Group’s last close was $8.39, 32.56% 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 8.53. Meaning, the purchaser of the share is investing $8.53 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%.

Yearly Top and Bottom Value

Geo Group’s stock is valued at $8.02 at 13:26 EST, way under its 52-week high of $12.44 and way higher than its 52-week low of $5.21.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Geo Group’s stock is considered to be overbought (>=80).

More news about Geo Group (GEO).

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