Pulse Seismic (TSE:PSD) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Pulse Seismic Inc. (TSE:PSD)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$3.38 and traded as high as C$3.48. Pulse Seismic shares last traded at C$3.45, with a volume of 111,006 shares changing hands.

Pulse Seismic Price Performance

The company has a debt-to-equity ratio of 1.25, a quick ratio of 7.28 and a current ratio of 3.85. The business has a 50-day simple moving average of C$3.00 and a 200 day simple moving average of C$3.38. The firm has a market cap of C$175.10 million, a P/E ratio of 7.84 and a beta of 0.35.

Pulse Seismic (TSE:PSD) last issued its quarterly earnings data on Tuesday, October 28th. The company reported C($0.03) earnings per share for the quarter. The business had revenue of C$3.42 million during the quarter. Pulse Seismic had a return on equity of 45.18% and a net margin of 31.51%. On average, analysts anticipate that Pulse Seismic Inc. will post 0.0407643 earnings per share for the current fiscal year.

Pulse Seismic Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Thursday, November 20th were given a dividend of $0.0175 per share. This represents a $0.07 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Thursday, November 13th. Pulse Seismic’s payout ratio is presently 14.77%.

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.