[January 27, 2012] ION Geophysical is Among the Companies in the Oil & Gas Equipment & Services Industry With the Highest Beta (IO, BAS, TTI, CPX, WG) Tweet Jan 27, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Oil & Gas Equipment & Services industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.ION Geophysical ranks highest with a a beta of 2.2. Following is Basic Energy Services with a a beta of 2.0. Tetra Technologies ranks third highest with a a beta of 1.9. Complete Production Services follows with a a beta of 1.9, and Willbros rounds out the top five with a a beta of 1.9. SmarTrend recommended that subscribers consider buying shares of ION Geophysical on December 7th, 2011 as our technology indicated a new Uptrend was in progress when shares hit $6.81. Since that recommendation, shares of ION Geophysical have risen 9.8%. We continue to monitor ION Geophysical for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]