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CGG SA
Buy, Hold or Sell?

Let's analyse Cgg together

PenkeI guess you are interested in CGG SA. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of CGG SA. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Cgg (30 sec.)










What can you expect buying and holding a share of Cgg? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€1.41
Expected worth in 1 year
€1.49
How sure are you?
41.2%

+ What do you gain per year?

Total Gains per Share
€0.08
Return On Investment
21.1%

For what price can you sell your share?

Current Price per Share
€0.37
Expected price per share
€0 - €0.5496
How sure are you?
50%
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1. Valuation of Cgg (5 min.)




Live pricePrice per Share (EOD)

€0.37

Intrinsic Value Per Share

€3.92 - €4.68

Total Value Per Share

€5.33 - €6.09

2. Growth of Cgg (5 min.)




Is Cgg growing?

Current yearPrevious yearGrowGrow %
How rich?$1b$1b$53.8m5.0%

How much money is Cgg making?

Current yearPrevious yearGrowGrow %
Making money$18.4m-$8.3m$26.8m145.3%
Net Profit Margin5.4%-2.5%--

How much money comes from the company's main activities?

3. Financial Health of Cgg (5 min.)




4. Comparing to competitors in the Oil & Gas Equipment & Services industry (5 min.)




  Industry Rankings (Oil & Gas Equipment & Services)  


Richest
#29 / 170

Most Revenue
#53 / 170

Most Profit
#35 / 170
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What can you expect buying and holding a share of Cgg? (5 min.)

Welcome investor! Cgg's management wants to use your money to grow the business. In return you get a share of Cgg.

What can you expect buying and holding a share of Cgg?

First you should know what it really means to hold a share of Cgg. And how you can make/lose money.

Speculation

The Price per Share of Cgg is €0.3721. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Cgg.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Cgg, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €1.41. Based on the TTM, the Book Value Change Per Share is €0.02 per quarter. Based on the YOY, the Book Value Change Per Share is €0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Cgg.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.012.9%0.037.0%-0.01-3.2%-0.04-10.8%-0.04-10.8%
Usd Book Value Change Per Share0.024.9%0.025.7%0.000.3%0.0924.2%0.0924.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.024.9%0.025.7%0.000.3%0.0924.2%0.0924.2%
Usd Price Per Share0.72-0.72-0.87-1.04-1.04-
Price to Earnings Ratio16.59-3.53--36.00--6.88--6.88-
Price-to-Total Gains Ratio39.30-9.87-8.40-3.61-3.61-
Price to Book Ratio0.47-0.48-0.62-0.61-0.61-
Price-to-Total Gains Ratio39.30-9.87-8.40-3.61-3.61-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.40231452
Number of shares2485
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.020.09
Usd Total Gains Per Share0.020.09
Gains per Quarter (2485 shares)52.67223.37
Gains per Year (2485 shares)210.67893.47
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
102112010893883
20421412017871776
30632623026802669
40843834035743562
5010531045044674455
6012641256053615348
7014751467062546241
8016851678071487134
9018961889080418027
10021072100089358920

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%4.08.00.033.3%6.011.00.035.3%6.011.00.035.3%6.011.00.035.3%
Book Value Change Per Share3.01.00.075.0%5.07.00.041.7%7.010.00.041.2%7.010.00.041.2%7.010.00.041.2%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.017.00.0%0.00.017.00.0%0.00.017.00.0%
Total Gains per Share3.01.00.075.0%5.07.00.041.7%7.010.00.041.2%7.010.00.041.2%7.010.00.041.2%
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Fundamentals of Cgg

About CGG SA

CGG provides data, products, services, and solutions in Earth science, data science, sensing, and monitoring in North America, the Central and South Americas, Europe, Africa, the Middle East, and the Asia Pacific. It operates through two segments, Data, Digital & Energy Transition (DDE); and Sensing & Monitoring (SMO). The DDE segments engages in the developing and licensing Earth data seismic surveys; processing and imaging seismic data; sale of seismic data processing software under the Geovation brand; provision of geoscience and petroleum engineering consulting services; and collecting, developing, and licensing geological data. The SMO segment is involved in the design, engineering, and manufacturing of seismic equipment for the land and marine seismic data acquisition, including seismic recording equipment, software and seismic sources for land vibrators or marine sources, and sensing and monitoring equipment and solutions under the Sercel, Metrolog, GRC, DeRegt, and Geocomp brand names. This segment also provides customer support services, such as training. The company provides solutions for natural resources, environmental, infrastructure, energy transition, and digital applications. The company was formerly known as Compagnie Générale de Géophysique " Veritas SA and changed its name to CGG in 2013. CGG was incorporated in 1931 and is headquartered in Massy, France.

Fundamental data was last updated by Penke on 2024-02-13 05:53:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.
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1.1. Profitability of CGG SA.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Cgg earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Cgg to the Oil & Gas Equipment & Services industry mean.
  • A Net Profit Margin of 2.6% means that €0.03 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of CGG SA:

  • The MRQ is 2.6%. The company is making a profit. +1
  • The TTM is 5.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.6%TTM5.4%-2.8%
TTM5.4%YOY-2.5%+7.9%
TTM5.4%5Y-14.5%+19.9%
5Y-14.5%10Y-14.5%0.0%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6%4.5%-1.9%
TTM5.4%4.1%+1.3%
YOY-2.5%1.5%-4.0%
5Y-14.5%-5.1%-9.4%
10Y-14.5%-3.4%-11.1%
1.1.2. Return on Assets

Shows how efficient Cgg is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Cgg to the Oil & Gas Equipment & Services industry mean.
  • 0.3% Return on Assets means that Cgg generated €0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of CGG SA:

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.3%TTM0.6%-0.4%
TTM0.6%YOY-0.3%+0.9%
TTM0.6%5Y-0.8%+1.5%
5Y-0.8%10Y-0.8%0.0%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%1.1%-0.8%
TTM0.6%1.0%-0.4%
YOY-0.3%0.3%-0.6%
5Y-0.8%-0.6%-0.2%
10Y-0.8%-0.4%-0.4%
1.1.3. Return on Equity

Shows how efficient Cgg is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Cgg to the Oil & Gas Equipment & Services industry mean.
  • 0.7% Return on Equity means Cgg generated €0.01 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of CGG SA:

  • The MRQ is 0.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM1.8%-1.1%
TTM1.8%YOY-0.9%+2.7%
TTM1.8%5Y-2.5%+4.2%
5Y-2.5%10Y-2.5%0.0%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%2.7%-2.0%
TTM1.8%2.4%-0.6%
YOY-0.9%1.1%-2.0%
5Y-2.5%-1.3%-1.2%
10Y-2.5%-0.7%-1.8%
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1.2. Operating Efficiency of CGG SA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Cgg is operating .

  • Measures how much profit Cgg makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Cgg to the Oil & Gas Equipment & Services industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of CGG SA:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM12.0%-12.0%
TTM12.0%YOY16.3%-4.3%
TTM12.0%5Y17.2%-5.1%
5Y17.2%10Y17.2%0.0%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.5%-6.5%
TTM12.0%4.9%+7.1%
YOY16.3%3.6%+12.7%
5Y17.2%0.1%+17.1%
10Y17.2%0.2%+17.0%
1.2.2. Operating Ratio

Measures how efficient Cgg is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas Equipment & Services industry mean).
  • An Operation Ratio of 1.60 means that the operating costs are €1.60 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of CGG SA:

  • The MRQ is 1.600. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.546. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.600TTM1.546+0.055
TTM1.546YOY1.566-0.020
TTM1.5465Y1.712-0.166
5Y1.71210Y1.7120.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6001.290+0.310
TTM1.5461.284+0.262
YOY1.5661.089+0.477
5Y1.7121.130+0.582
10Y1.7121.089+0.623
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1.3. Liquidity of CGG SA.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Cgg is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas Equipment & Services industry mean).
  • A Current Ratio of 1.73 means the company has €1.73 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of CGG SA:

  • The MRQ is 1.727. The company is able to pay all its short-term debts. +1
  • The TTM is 1.762. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.727TTM1.762-0.036
TTM1.762YOY1.745+0.017
TTM1.7625Y1.714+0.048
5Y1.71410Y1.7140.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7271.581+0.146
TTM1.7621.564+0.198
YOY1.7451.659+0.086
5Y1.7141.734-0.020
10Y1.7141.776-0.062
1.3.2. Quick Ratio

Measures if Cgg is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Cgg to the Oil & Gas Equipment & Services industry mean.
  • A Quick Ratio of 0.56 means the company can pay off €0.56 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of CGG SA:

  • The MRQ is 0.559. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.602. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.559TTM0.602-0.043
TTM0.602YOY0.628-0.026
TTM0.6025Y0.555+0.047
5Y0.55510Y0.5550.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5590.857-0.298
TTM0.6020.871-0.269
YOY0.6280.994-0.366
5Y0.5551.084-0.529
10Y0.5551.131-0.576
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1.4. Solvency of CGG SA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Cgg assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Cgg to Oil & Gas Equipment & Services industry mean.
  • A Debt to Asset Ratio of 0.63 means that Cgg assets are financed with 62.6% credit (debt) and the remaining percentage (100% - 62.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of CGG SA:

  • The MRQ is 0.626. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.635. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.626TTM0.635-0.009
TTM0.635YOY0.645-0.010
TTM0.6355Y0.638-0.003
5Y0.63810Y0.6380.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6260.507+0.119
TTM0.6350.516+0.119
YOY0.6450.523+0.122
5Y0.6380.515+0.123
10Y0.6380.488+0.150
1.4.2. Debt to Equity Ratio

Measures if Cgg is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Cgg to the Oil & Gas Equipment & Services industry mean.
  • A Debt to Equity ratio of 174.0% means that company has €1.74 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of CGG SA:

  • The MRQ is 1.740. The company is just able to pay all its debts with equity.
  • The TTM is 1.807. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.740TTM1.807-0.067
TTM1.807YOY1.896-0.089
TTM1.8075Y1.841-0.034
5Y1.84110Y1.8410.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7400.981+0.759
TTM1.8070.986+0.821
YOY1.8961.008+0.888
5Y1.8411.049+0.792
10Y1.8411.027+0.814
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2. Market Valuation of CGG SA

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Cgg generates.

  • Above 15 is considered overpriced but always compare Cgg to the Oil & Gas Equipment & Services industry mean.
  • A PE ratio of 16.59 means the investor is paying €16.59 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of CGG SA:

  • The EOD is 9.322. Based on the earnings, the company is underpriced. +1
  • The MRQ is 16.589. Based on the earnings, the company is fair priced.
  • The TTM is 3.526. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD9.322MRQ16.589-7.268
MRQ16.589TTM3.526+13.064
TTM3.526YOY-36.002+39.528
TTM3.5265Y-6.879+10.404
5Y-6.87910Y-6.8790.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
EOD9.3227.963+1.359
MRQ16.5898.277+8.312
TTM3.5266.369-2.843
YOY-36.0022.783-38.785
5Y-6.8795.201-12.080
10Y-6.8797.386-14.265
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of CGG SA:

  • The EOD is -10.713. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -19.065. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 8.452. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-10.713MRQ-19.065+8.352
MRQ-19.065TTM8.452-27.517
TTM8.452YOY-4.072+12.524
TTM8.4525Y-1.427+9.879
5Y-1.42710Y-1.4270.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
EOD-10.7133.490-14.203
MRQ-19.0653.764-22.829
TTM8.4522.189+6.263
YOY-4.072-1.551-2.521
5Y-1.4270.451-1.878
10Y-1.4271.066-2.493
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Cgg is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas Equipment & Services industry mean).
  • A PB ratio of 0.47 means the investor is paying €0.47 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of CGG SA:

  • The EOD is 0.263. Based on the equity, the company is cheap. +2
  • The MRQ is 0.469. Based on the equity, the company is cheap. +2
  • The TTM is 0.483. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.263MRQ0.469-0.205
MRQ0.469TTM0.483-0.014
TTM0.483YOY0.617-0.134
TTM0.4835Y0.613-0.130
5Y0.61310Y0.6130.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
EOD0.2631.225-0.962
MRQ0.4691.327-0.858
TTM0.4831.209-0.726
YOY0.6171.282-0.665
5Y0.6131.105-0.492
10Y0.6131.372-0.759
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of CGG SA compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0170.020-14%0.001+1826%0.083-80%0.083-80%
Book Value Per Share--1.4131.383+2%1.313+8%1.519-7%1.519-7%
Current Ratio--1.7271.762-2%1.745-1%1.714+1%1.714+1%
Debt To Asset Ratio--0.6260.635-1%0.645-3%0.638-2%0.638-2%
Debt To Equity Ratio--1.7401.807-4%1.896-8%1.841-5%1.841-5%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0100.024-58%-0.011+209%-0.037+471%-0.037+471%
Free Cash Flow Per Share---0.0090.039-122%0.026-134%0.019-145%0.019-145%
Free Cash Flow To Equity Per Share---0.0090.017-150%-0.029+232%-0.029+238%-0.029+238%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--4.679--------
Intrinsic Value_10Y_min--3.920--------
Intrinsic Value_1Y_max--0.154--------
Intrinsic Value_1Y_min--0.151--------
Intrinsic Value_3Y_max--0.703--------
Intrinsic Value_3Y_min--0.666--------
Intrinsic Value_5Y_max--1.541--------
Intrinsic Value_5Y_min--1.410--------
Market Cap265549540.077-78%472579865.696475969625.828-1%576826268.491-18%688711024.489-31%688711024.489-31%
Net Profit Margin--0.0260.054-51%-0.025+195%-0.145+654%-0.145+654%
Operating Margin---0.120-100%0.163-100%0.172-100%0.172-100%
Operating Ratio--1.6001.546+4%1.566+2%1.712-6%1.712-6%
Pb Ratio0.263-78%0.4690.483-3%0.617-24%0.613-24%0.613-24%
Pe Ratio9.322-78%16.5893.526+371%-36.002+317%-6.879+141%-6.879+141%
Price Per Share0.372-78%0.6620.667-1%0.808-18%0.965-31%0.965-31%
Price To Free Cash Flow Ratio-10.713+44%-19.0658.452-326%-4.072-79%-1.427-93%-1.427-93%
Price To Total Gains Ratio22.086-78%39.3049.869+298%8.397+368%3.615+987%3.615+987%
Quick Ratio--0.5590.602-7%0.628-11%0.555+1%0.555+1%
Return On Assets--0.0030.006-59%-0.003+208%-0.008+417%-0.008+417%
Return On Equity--0.0070.018-59%-0.009+221%-0.025+435%-0.025+435%
Total Gains Per Share--0.0170.020-14%0.001+1826%0.083-80%0.083-80%
Usd Book Value--1090502050.1401066952005.866+2%1013101904.628+8%1172196321.372-7%1172196321.372-7%
Usd Book Value Change Per Share--0.0180.021-14%0.001+1826%0.090-80%0.090-80%
Usd Book Value Per Share--1.5281.495+2%1.420+8%1.643-7%1.643-7%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0110.026-58%-0.012+209%-0.040+471%-0.040+471%
Usd Free Cash Flow---6700012.59629850056.118-122%19925037.459-134%13152965.904-151%13152965.904-151%
Usd Free Cash Flow Per Share---0.0090.042-122%0.028-134%0.021-145%0.021-145%
Usd Free Cash Flow To Equity Per Share---0.0090.019-150%-0.031+232%-0.032+238%-0.032+238%
Usd Market Cap287112162.731-78%510953350.791514618359.445-1%623664561.493-18%744634359.678-31%744634359.678-31%
Usd Price Per Share0.402-78%0.7160.721-1%0.874-18%1.043-31%1.043-31%
Usd Profit--7700014.47618475034.733-58%-8375015.745+209%-28570641.948+471%-28570641.948+471%
Usd Revenue--293300551.404269750507.130+9%282525531.147+4%260094606.624+13%260094606.624+13%
Usd Total Gains Per Share--0.0180.021-14%0.001+1826%0.090-80%0.090-80%
 EOD+3 -5MRQTTM+10 -23YOY+22 -115Y+18 -1510Y+18 -15

3.2. Fundamental Score

Let's check the fundamental score of CGG SA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-159.322
Price to Book Ratio (EOD)Between0-10.263
Net Profit Margin (MRQ)Greater than00.026
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.559
Current Ratio (MRQ)Greater than11.727
Debt to Asset Ratio (MRQ)Less than10.626
Debt to Equity Ratio (MRQ)Less than11.740
Return on Equity (MRQ)Greater than0.150.007
Return on Assets (MRQ)Greater than0.050.003
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of CGG SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5027.876
Ma 20Greater thanMa 500.416
Ma 50Greater thanMa 1000.495
Ma 100Greater thanMa 2000.567
OpenGreater thanClose0.375
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Reconciled Depreciation  16,1864,80920,9953,79224,78742,63867,425-112,005-44,580



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets2,916,700
Total Liabilities1,826,200
Total Stockholder Equity1,049,600
 As reported
Total Liabilities 1,826,200
Total Stockholder Equity+ 1,049,600
Total Assets = 2,916,700

Assets

Total Assets2,916,700
Total Current Assets976,600
Long-term Assets1,940,100
Total Current Assets
Cash And Cash Equivalents 275,100
Net Receivables 316,300
Inventory 237,500
Other Current Assets 136,400
Total Current Assets  (as reported)976,600
Total Current Assets  (calculated)965,300
+/- 11,300
Long-term Assets
Property Plant Equipment 180,100
Goodwill 1,091,900
Intangible Assets 603,900
Long-term Assets Other 11,500
Long-term Assets  (as reported)1,940,100
Long-term Assets  (calculated)1,887,400
+/- 52,700

Liabilities & Shareholders' Equity

Total Current Liabilities565,600
Long-term Liabilities1,260,600
Total Stockholder Equity1,049,600
Total Current Liabilities
Short Long Term Debt 96,100
Accounts payable 89,000
Other Current Liabilities 239,000
Total Current Liabilities  (as reported)565,600
Total Current Liabilities  (calculated)424,100
+/- 141,500
Long-term Liabilities
Long term Debt 1,186,900
Long-term Liabilities Other 7,800
Long-term Liabilities  (as reported)1,260,600
Long-term Liabilities  (calculated)1,194,700
+/- 65,900
Total Stockholder Equity
Total Stockholder Equity (as reported)1,049,600
Total Stockholder Equity (calculated)0
+/- 1,049,600
Other
Capital Stock8,700
Common Stock Shares Outstanding 713,651
Net Debt 1,007,900
Net Invested Capital 2,332,600
Net Working Capital 411,000



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
4,033,000
4,012,600
3,733,600
3,474,600
3,428,900
3,377,500
3,293,600
3,157,500
3,153,900
2,924,600
2,884,700
2,826,100
2,782,100
2,889,400
2,967,400
2,911,300
2,916,700
2,916,7002,911,3002,967,4002,889,4002,782,1002,826,1002,884,7002,924,6003,153,9003,157,5003,293,6003,377,5003,428,9003,474,6003,733,6004,012,6004,033,000
   > Total Current Assets 
1,575,800
1,764,800
1,481,200
1,324,400
1,265,800
1,256,200
1,194,500
1,061,500
1,030,900
1,042,700
999,700
952,400
896,400
1,016,900
1,014,600
982,900
976,600
976,600982,9001,014,6001,016,900896,400952,400999,7001,042,7001,030,9001,061,5001,194,5001,256,2001,265,8001,324,4001,481,2001,764,8001,575,800
       Cash And Cash Equivalents 
595,600
610,500
623,500
545,700
464,500
385,400
407,000
285,200
239,700
319,200
388,100
316,900
225,100
250,500
301,200
220,000
275,100
275,100220,000301,200250,500225,100316,900388,100319,200239,700285,200407,000385,400464,500545,700623,500610,500595,600
       Short-term Investments 
0
0
0
0
0
13,700
0
0
1,700
4,100
1,700
200
100
2,900
0
0
0
0002,9001002001,7004,1001,7000013,70000000
       Net Receivables 
373,000
594,700
394,300
332,600
345,200
468,700
371,300
317,500
350,900
491,000
280,000
283,000
345,500
422,800
307,400
311,600
316,300
316,300311,600307,400422,800345,500283,000280,000491,000350,900317,500371,300468,700345,200332,600394,300594,700373,000
       Inventory 
207,800
200,100
206,800
212,300
236,900
237,800
207,800
228,800
215,600
197,300
214,500
241,100
242,200
257,200
292,900
271,400
237,500
237,500271,400292,900257,200242,200241,100214,500197,300215,600228,800207,800237,800236,900212,300206,800200,100207,800
       Other Current Assets 
127,600
342,000
256,600
233,800
219,200
132,700
208,400
230,000
223,000
19,000
117,100
111,400
83,600
21,100
113,100
134,100
136,400
136,400134,100113,10021,10083,600111,400117,10019,000223,000230,000208,400132,700219,200233,800256,600342,000127,600
   > Long-term Assets 
2,457,200
2,247,800
2,252,400
2,150,200
2,163,100
2,121,300
2,099,100
2,096,000
2,123,000
1,881,900
1,885,000
1,873,700
1,885,700
1,872,500
1,952,800
1,928,400
1,940,100
1,940,1001,928,4001,952,8001,872,5001,885,7001,873,7001,885,0001,881,9002,123,0002,096,0002,099,1002,121,3002,163,1002,150,2002,252,4002,247,8002,457,200
       Property Plant Equipment 
317,600
300,000
287,800
276,800
278,900
268,100
247,600
228,000
221,200
212,100
204,200
154,600
148,600
167,200
179,100
185,000
180,100
180,100185,000179,100167,200148,600154,600204,200212,100221,200228,000247,600268,100278,900276,800287,800300,000317,600
       Goodwill 
1,225,800
1,206,900
1,202,200
1,177,900
1,181,500
1,186,500
1,186,200
1,188,100
1,188,500
1,083,600
1,082,100
1,089,000
1,100,000
1,089,400
1,091,100
1,094,500
1,091,900
1,091,9001,094,5001,091,1001,089,4001,100,0001,089,0001,082,1001,083,6001,188,5001,188,1001,186,2001,186,5001,181,5001,177,9001,202,2001,206,9001,225,800
       Intangible Assets 
857,900
690,800
632,900
639,100
654,500
639,200
638,400
657,200
691,600
520,700
532,700
564,700
566,900
554,200
578,900
591,400
603,900
603,900591,400578,900554,200566,900564,700532,700520,700691,600657,200638,400639,200654,500639,100632,900690,800857,900
       Other Assets 
25,700
148,800
75,700
51,800
43,700
131,700
22,300
18,700
17,700
126,500
20,500
16,700
39,400
137,900
74,800
0
0
0074,800137,90039,40016,70020,500126,50017,70018,70022,300131,70043,70051,80075,700148,80025,700
> Total Liabilities 
2,453,100
2,405,200
2,237,100
2,128,600
2,166,900
2,212,900
2,208,500
2,119,200
2,126,600
1,918,200
1,892,700
1,802,100
1,752,100
1,830,600
1,926,400
1,833,800
1,826,200
1,826,2001,833,8001,926,4001,830,6001,752,1001,802,1001,892,7001,918,2002,126,6002,119,2002,208,5002,212,9002,166,9002,128,6002,237,1002,405,2002,453,100
   > Total Current Liabilities 
1,078,900
1,066,100
765,500
681,900
706,300
717,100
746,300
682,200
724,900
585,200
578,500
530,400
535,300
554,300
603,000
544,500
565,600
565,600544,500603,000554,300535,300530,400578,500585,200724,900682,200746,300717,100706,300681,900765,5001,066,1001,078,900
       Short Long Term Debt 
100
11,900
69,800
55,800
73,400
58,800
100
0
0
34,300
0
57,200
75,100
22,500
90,600
72,600
96,100
96,10072,60090,60022,50075,10057,200034,3000010058,80073,40055,80069,80011,900100
       Accounts payable 
114,000
117,400
114,800
97,100
83,000
96,700
112,500
100,500
86,700
76,400
73,600
91,000
114,200
92,000
99,000
111,500
89,000
89,000111,50099,00092,000114,20091,00073,60076,40086,700100,500112,50096,70083,00097,100114,800117,400114,000
       Other Current Liabilities 
311,000
691,900
418,000
370,300
396,100
421,900
437,000
402,600
443,400
273,000
307,100
299,000
265,600
279,500
337,700
226,600
239,000
239,000226,600337,700279,500265,600299,000307,100273,000443,400402,600437,000421,900396,100370,300418,000691,900311,000
   > Long-term Liabilities 
1,374,200
1,339,100
1,471,600
1,446,700
1,460,600
1,495,800
1,462,200
1,437,000
1,401,700
1,333,000
1,314,200
1,271,700
1,216,800
1,276,300
1,323,400
1,289,300
1,260,600
1,260,6001,289,3001,323,4001,276,3001,216,8001,271,7001,314,2001,333,0001,401,7001,437,0001,462,2001,495,8001,460,6001,446,7001,471,6001,339,1001,374,200
       Long term Debt 
1,254,900
1,138,600
1,258,700
1,273,000
1,301,100
1,330,300
0
0
0
1,195,200
1,201,600
1,168,700
1,125,700
1,134,000
1,205,000
1,210,100
1,186,900
1,186,9001,210,1001,205,0001,134,0001,125,7001,168,7001,201,6001,195,2000001,330,3001,301,1001,273,0001,258,7001,138,6001,254,900
       Capital Lease Obligations Min Short Term Debt
0
175,500
0
0
0
155,100
0
0
0
122,800
0
0
0
92,700
0
0
0
00092,700000122,800000155,100000175,5000
       Other Liabilities 
119,300
72,500
212,900
173,700
159,500
165,500
150,600
148,500
135,900
114,900
112,600
103,000
91,100
87,500
118,400
0
0
00118,40087,50091,100103,000112,600114,900135,900148,500150,600165,500159,500173,700212,90072,500119,300
       Long-term Liabilities Other 
4,000
4,000
56,000
51,600
47,800
44,400
42,900
39,700
35,000
2,700
30,400
25,300
20,700
18,400
14,700
11,100
7,800
7,80011,10014,70018,40020,70025,30030,4002,70035,00039,70042,90044,40047,80051,60056,0004,0004,000
       Deferred Long Term Liability 
0
102,800
0
0
0
108,700
0
0
0
90,000
0
0
0
88,100
0
0
0
00088,10000090,000000108,700000102,8000
> Total Stockholder Equity
1,535,600
1,561,700
1,450,500
1,306,900
1,221,000
1,119,700
1,038,600
994,500
983,000
962,700
949,100
983,900
992,900
1,019,300
1,001,300
1,037,800
1,049,600
1,049,6001,037,8001,001,3001,019,300992,900983,900949,100962,700983,000994,5001,038,6001,119,7001,221,0001,306,9001,450,5001,561,7001,535,600
   Common Stock
8,700
8,700
8,700
8,700
8,700
8,700
8,700
8,700
8,700
8,700
8,700
8,700
8,700
8,700
8,700
0
0
008,7008,7008,7008,7008,7008,7008,7008,7008,7008,7008,7008,7008,7008,7008,700
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 00000000000000000
   Capital Surplus 00000000000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 00-58,900-55,800-31,400-40,800-56,900-60,000-64,900-69,600-77,400-75,400-82,800-89,200-91,000-80,500-86,500



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue927,400
Cost of Revenue-654,900
Gross Profit272,500272,500
 
Operating Income (+$)
Gross Profit272,500
Operating Expense-771,700
Operating Income155,700-499,200
 
Operating Expense (+$)
Research Development19,000
Selling General Administrative97,800
Selling And Marketing Expenses-
Operating Expense771,700116,800
 
Net Interest Income (+$)
Interest Income1,700
Interest Expense-100,200
Other Finance Cost-700
Net Interest Income-97,800
 
Pretax Income (+$)
Operating Income155,700
Net Interest Income-97,800
Other Non-Operating Income Expenses-
Income Before Tax (EBT)83,500155,700
EBIT - interestExpense = 55,500
60,300
143,300
Interest Expense100,200
Earnings Before Interest and Taxes (EBIT)155,700183,700
Earnings Before Interest and Taxes (EBITDA)259,900
 
After tax Income (+$)
Income Before Tax83,500
Tax Provision-17,200
Net Income From Continuing Ops47,80066,300
Net Income43,100
Net Income Applicable To Common Shares43,100
 
Non-recurring Events
Discontinued Operations-4,500
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-97,800
 

Technical Analysis of Cgg
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Cgg. The general trend of Cgg is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Cgg's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of CGG SA.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.43 < 0.4698 < 0.5496.

The bearish price targets are: .

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CGG SA Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of CGG SA. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

CGG SA Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of CGG SA. The current macd is -0.03300173.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Cgg price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Cgg. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Cgg price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
CGG SA Daily Moving Average Convergence/Divergence (MACD) ChartCGG SA Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of CGG SA. The current adx is 34.39.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Cgg shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
CGG SA Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of CGG SA. The current sar is 0.4022.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
CGG SA Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of CGG SA. The current rsi is 27.88. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending down: The RSI is trending down. -1
CGG SA Daily Relative Strength Index (RSI) ChartCGG SA Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of CGG SA. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Cgg price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
CGG SA Daily Stochastic Oscillator ChartCGG SA Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of CGG SA. The current cci is -121.62857143.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
CGG SA Daily Commodity Channel Index (CCI) ChartCGG SA Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of CGG SA. The current cmo is -48.19716593.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
CGG SA Daily Chande Momentum Oscillator (CMO) ChartCGG SA Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of CGG SA. The current willr is -100.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
CGG SA Daily Williams %R ChartCGG SA Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of CGG SA.

CGG SA Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of CGG SA. The current atr is 0.01329239.

CGG SA Daily Average True Range (ATR) ChartCGG SA Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of CGG SA. The current obv is -113,435.

CGG SA Daily On-Balance Volume (OBV) ChartCGG SA Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of CGG SA. The current mfi is 19.63.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
CGG SA Daily Money Flow Index (MFI) ChartCGG SA Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for CGG SA.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-10-09 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-10-10 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-11 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-10-16 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-10-17 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-20 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-23 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-10-24 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-25 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-30 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-31 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-03 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-16 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-17 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-21 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-22 00:00:00BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-23 00:00:00MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-27 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-04 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-05 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-08 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-18 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-22 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-29 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-02 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-05 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-08 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15 00:00:00BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-25 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-26 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-30 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-05 00:00:00MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-06 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-16 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-19 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-20 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

CGG SA Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of CGG SA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5027.876
Ma 20Greater thanMa 500.416
Ma 50Greater thanMa 1000.495
Ma 100Greater thanMa 2000.567
OpenGreater thanClose0.375
Total1/5 (20.0%)
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