Large Outflow of Money Witnessed in Geo Group Inc (The)

Geo Group Inc (The) (GEO) : Wednesdays money flow analysis of Geo Group Inc (The) (GEO) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $2.19 million. In comparison, the inflow of money on upticks was a meager $1.25 million. The dollar value of composite uptick trades minus the downtick trades was negative $0.94 million. The uptick to downtick ratio of 0.57 in the money flow shows weakness. The downtick transaction value was high at $1.4 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($1.4 million). Geo Group Inc (The) (GEO) gained $0.08 at $23.76, a change of 0.34% over the previous days close.


The GEO Group, Inc. has dropped 3.42% in the last five trading days, however, the shares have posted positive gains of 10.4% in the last 4 weeks. The GEO Group, Inc. has dropped 29.25% during the last 3-month period . Year-to-Date the stock performance stands at -13.55%.

Geo Group Inc (The) (GEO) : 2 brokerage houses believe that Geo Group Inc (The) (GEO) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Geo Group Inc (The) (GEO). Zacks Investment Research suggests a Strong Sell with a rank of 5.The median of all the 3 Wall Street Analysts endorse the stock as a Buy with a rating of 1.67.

Geo Group Inc (The) (NYSE:GEO): stock was range-bound between the intraday low of $23.1499 and the intraday high of $24.2 after having opened at $23.75 on Wednesdays session. The stock finally closed in the red at $23.75, a loss of -0.93%. The stock remained in the red for the whole trading day. The total traded volume was 1,850,691 shares. The stock failed to cross $24.2 in Wednesdays trading. The stocks closing price on Thursday was $23.68.

The GEO Group, Inc. is a real estate investment trust (REIT), which specializes in the ownership, leasing and management of correctional, detention and re-entry facilities and the provision of community-based services and youth services in the United States, Australia, South Africa and the United Kingdom. The Company operates in four segments: U.S. Corrections & Detention segment, which encompasses its United States-based privatized corrections and detention business; GEO Care segment, encompasses its United States-based privatized corrections and detention business, youth services business and electronic monitoring and supervision service; International Services segment, which consists of its privatized corrections and detention operations in South Africa, Australia, and the United Kingdom, and Facility Construction & Design segment, which contracts with various states, local and federal agencies, as well as international agencies, for the design and construction of facilities.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *