Pulse Seismic (TSE:PSD) Trading Down 1.7% – Should You Sell?

Pulse Seismic Inc. (TSE:PSD)’s share price traded down 1.7% during mid-day trading on Tuesday . The stock traded as low as C$2.20 and last traded at C$2.31. 5,205 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 16,307 shares. The stock had previously closed at C$2.35.

Pulse Seismic Stock Performance

The firm has a market cap of C$119.90 million, a price-to-earnings ratio of 9.63 and a beta of 0.68. The firm’s 50 day moving average price is C$2.32 and its 200-day moving average price is C$2.39. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.05 and a quick ratio of 7.28.

Pulse Seismic Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 28th. Stockholders of record on Thursday, November 28th were issued a dividend of $0.015 per share. The ex-dividend date was Thursday, November 14th. This represents a $0.06 annualized dividend and a dividend yield of 2.56%. Pulse Seismic’s payout ratio is 25.00%.

Pulse Seismic Company Profile

Pulse Seismic Inc is a Canadian company which acts as a provider of seismic data to the energy sector in western Canada. The company is engaged in the acquisition, marketing, and licensing of 2D and 3D seismic data to the energy sector. It offers the full suite of project management services including On-site professional project management, experienced cost estimation services, daily reporting to clients and detailed project cost tracking, procurement of subcontractors to ensure regulatory compliance, and others.