Geo Group Inc (The) (GEO) has been under a strong bear grip, hence the stock is down -0.13% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 7.4% in the past 1 week. The stock has risen by 7.97% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.15% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 6.8% and the 50-Day Moving Average is 19.27%.The 200 Day SMA reached 21.26% The GEO Group, Inc. has dropped 28.08% during the last 3-month period . Year-to-Date the stock performance stands at -14.62%.
Geo Group Inc (The) (GEO) : Currently there are 2 street experts covering Geo Group Inc (The) (GEO) stock. The most bullish and bearish price target for the stock is $38 and $32 respectively for the short term. The average price target of all the analysts comes to $35. The estimated standard deviation from the target is $4.24.
For the current week, the company shares have a recommendation consensus of Buy. Geo Group Inc (The) (NYSE:GEO): The stock opened at $21.95 and touched an intraday high of $24.89 on Friday. During the day, the stock corrected to an intraday low of $21.95, however, the bulls stepped in and pushed the price higher to close in the green at $23.17 with a gain of 5.13% for the day. The total traded volume for the day was 4,310,303. The stock had closed at $23.17 in the previous trading session.
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.