Geo Group Inc (The) REIT (GEO) Soars 9.49% on October 29

Equities Staff  |

Geo Group Inc (The) REIT (GEO) had a good day on the market for Thursday October 29 as shares jumped 9.49% to close at $8.88. About 3.56 million shares traded hands on 18,515 trades for the day, compared with an average daily volume of n/a shares out of a total float of 121.33 million. After opening the trading day at $8.35, shares of Geo Group Inc (The) REIT stayed within a range of $8.94 to $8.10.

With today's gains, Geo Group Inc (The) REIT now has a market cap of $1.08 billion. Shares of Geo Group Inc (The) REIT have been trading within a range of $18.42 and $8.53 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

The GEO Group Inc. is a real estate investment trust specializing in detention facilities and community-reentry centers. The company leases and oversees secure detention centers, rehabilitation and reentry facilities, and service centers for troubled youth. The GEO Group also provides counseling, education, drug abuse treatment, technology-based supervision programs, and detainee transportation. The majority of revenue comes from leasing and managing U.S. corrections & detention facilities. The GEO Group also operates in Australia, South Africa, and the United Kingdom.

Geo Group Inc (The) REIT is based out of Boca Raton, FL and has some 22,000 employees. Its CEO is George C. Zoley.

For a complete fundamental analysis of Geo Group Inc (The) REIT, check out’s Stock Valuation Analysis report for GEO.

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Geo Group Inc (The) REIT is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Geo Group Inc (The) REIT and to follow the company’s latest updates, you can visit the company’s profile page here: GEO’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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