Petroleum Geo-Services ASA (PGSVY) Cut to Strong Sell at ValuEngine

ValuEngine cut shares of Petroleum Geo-Services ASA (OTCMKTS:PGSVY) from a sell rating to a strong sell rating in a report released on Friday.

Separately, Zacks Investment Research lowered Petroleum Geo-Services ASA from a hold rating to a sell rating in a report on Wednesday, November 1st.

Shares of Petroleum Geo-Services ASA (OTCMKTS PGSVY) opened at $2.67 on Friday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.32 and a quick ratio of 1.32. Petroleum Geo-Services ASA has a 1-year low of $1.40 and a 1-year high of $3.40. The company has a market capitalization of $880.30, a P/E ratio of -2.34 and a beta of 1.84.

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Petroleum Geo-Services ASA Company Profile

Petroleum Geo-Services ASA (PGS) is a marine geophysical company. The Company provides a range of seismic and reservoir services, including acquisition, imaging, interpretation and field evaluation. Its segments are Marine Contract and MultiClient. The service lines within the Marine segment include Marine Contract, MultiClient pre-funding, MultiClient late sales, Imaging and Other.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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