EPS for ION Geophysical (IO) Expected At $-1.04; SUNSET ISLAND GROUP (SIGO) Shorts Lowered By 66.01%

April 19, 2018 - By Richard Conner

ION Geophysical Corporation (NYSE:IO) Logo

SUNSET ISLAND GROUP INC (OTCMKTS:SIGO) had a decrease of 66.01% in short interest. SIGO’s SI was 19,000 shares in April as released by FINRA. Its down 66.01% from 55,900 shares previously. With 183,000 avg volume, 0 days are for SUNSET ISLAND GROUP INC (OTCMKTS:SIGO)’s short sellers to cover SIGO’s short positions. The stock increased 10.00% or $0.09 during the last trading session, reaching $0.99. About shares traded. Sunset Island Group, Inc. (OTCMKTS:SIGO) has 0.00% since April 19, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts expect ION Geophysical Corporation (NYSE:IO) to report $-1.04 EPS on May, 2.They anticipate $0.51 EPS change or 32.90% from last quarter’s $-1.55 EPS. After having $0.38 EPS previously, ION Geophysical Corporation’s analysts see -373.68% EPS growth. The stock increased 0.17% or $0.05 during the last trading session, reaching $29.2. About 28,132 shares traded. ION Geophysical Corporation (NYSE:IO) has risen 475.56% since April 19, 2017 and is uptrending. It has outperformed by 464.01% the S&P500.

Among 3 analysts covering Ion Geophysical Corp (NYSE:IO), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Ion Geophysical Corp had 5 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, August 10 by Zacks. The stock of ION Geophysical Corporation (NYSE:IO) has “Hold” rating given on Monday, August 24 by Zacks. The stock of ION Geophysical Corporation (NYSE:IO) earned “Market Perform” rating by Cowen & Co on Monday, August 24. The rating was initiated by Oppenheimer with “Buy” on Wednesday, March 28. The stock of ION Geophysical Corporation (NYSE:IO) earned “Sell” rating by Zacks on Thursday, September 3.

ION Geophysical Corporation provides geoscience products, services, and solutions to the gas and oil industry worldwide. The company has market cap of $404.23 million. It operates through three divisions: E&P Technology & Services, E&P Operations Optimization, and Ocean Bottom Services. It currently has negative earnings. The E&P Technology & Services segment offers services to manage the entire seismic process, from survey planning and design to data acquisition and management, to final subsurface imaging and reservoir characterization.

Sunset Island Group, Inc. offers consulting and advisory services to clients operating in the medical marijuana business. The company has market cap of $5.32 million. It focuses on providing a licensed manufacturing facility to clients for producing products, such as oils and edibles. It currently has negative earnings.

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