Weakness Seen in Dawson Geophysical (DWSN): Stock Falls 7.4% - Tale of the Tape

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Dawson Geophysical Company ( DWSN ) saw a big move last session, as the company's shares fell over 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $27.79 to $28.66 in the past one-month time frame.

This slump shouldn't be too much of a surprise to investors, as this oilfield services provider has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

DWSN currently has a Zacks Rank #5 (Strong Sell).

Some better-ranked stocks in the same sector include CGG ( CGG ), Garmin Exterran Holdings, Inc. ( EXH ) and Flotek Industries Inc. ( FTK ). All these stocks sport a Zacks Rank #1 (Strong Buy).

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CGG (CGG): Free Stock Analysis Report

DAWSON GEOPHYS (DWSN): Free Stock Analysis Report

EXTERRAN HLDGS (EXH): Free Stock Analysis Report

FLOTEK INDU INC (FTK): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: CGG , DWSN , EXH , FTK

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As of 12/22/2014, 04:15 PM


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