HOUSTON (AP) — OYO Geospace says it will change its name to Geospace Technologies Corp., effective Monday.
The maker of instruments and equipment used by the oil and gas industry said Friday that the name change is tied to OYO Corp. USA's February sale of its stake in the company.
It will also change its ticker symbol on the Nasdaq to "GEOS" from "OYOG."
OYO Geospace's product lineup also includes industrial products, such as thermal printing equipment and film.
Shares of OYO Geospace Corp. shed $1.55, or 1.3 percent, to $120.63 in afternoon trading.