Take A Look At This Geo Group, Inc. (NYSE: GEO) Analysis Before Investing

Geo Group, Inc. (NYSE:GEO) price is hovering higher on Wednesday, April 17, jumping 1.09% above its previous close.

A look at today’s price movement shows that the recent level at last check reads $15.18. The company’s P/E ratio in the trailing 12-month period read 21.40. Taking into account the 52-week price action we note that the stock hit a 52-week high of $16.31 and 52-week low of $6.94. The stock added 19.23% on its value in the past month.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give GEO a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.

If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.43. The overview shows that GEO’s price is at present 4.31% off the SMA20 and 17.67% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 65.04, with weekly volatility standing at 3.08%. The indicator jumps to 3.89% when calculated based on the past 30 days. Geo Group, Inc. (NYSE:GEO)’s beta value is holding at 0.57, while the average true range (ATR) indicator is currently reading 0.51.

An analysis of the Geo Group, Inc. (NYSE:GEO) stock in terms of its daily trading volume indicates that the 3-month average is 2.83 million.

Current records show that the company has 126.09M in outstanding shares. The insiders’ percentage holdings are 5.45% of outstanding shares while the percentage share held by institutions stands at 76.44%. But the 41.69% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.

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