The trading price of Geo Group, Inc. (NYSE:GEO) closed higher on Tuesday, April 23, closing at $14.99, 0.87% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 20.90, while its 5Y monthly beta was 0.60. In examining the 52-week price action we see that the stock hit a 52-week high of $16.31 and a 52-week low of $6.94. Over the past month, the stock has gained 2.53% in value.
Geo Group, Inc., whose market valuation is $1.91 billion at the time of this writing, is expected to release its quarterly earnings report Apr 23, 2024 – Apr 29, 2024. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest GEO has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 1.39, which symbolizes a positive outlook. A quick review shows that GEO’s price is currently 0.98% off the SMA20 and 12.69% off the SMA50. The RSI metric on the 14-day chart is currently showing 58.57, and weekly volatility stands at 3.27%. When measured over the past 30 days, the indicator reaches 3.59%. Geo Group, Inc. (NYSE:GEO)’s beta value is currently sitting at 0.58, while the Average True Range indicator is currently displaying 0.52.
To see how Geo Group, Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: GEO stock’s performance was 0.87% in the latest trading, and 91.20% in the past year. Geo Group, Inc. has a P/E ratio of 20.90.
An evaluation of the daily trading volume of Geo Group, Inc. (NYSE:GEO) indicates that the 3-month average is 2.85 million.
Currently, records show that 126.09 million of the company’s shares remain outstanding. The insiders hold 5.45% of outstanding shares, whereas institutions hold 75.62%. However, since the stock’s price has seen 38.41% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
