Pulse Seismic (TSE:PSD) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

Shares of Pulse Seismic Inc. (TSE:PSD) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$2.37 and traded as high as C$2.37. Pulse Seismic shares last traded at C$2.37, with a volume of 2,539 shares.

Pulse Seismic Price Performance

The company has a current ratio of 4.05, a quick ratio of 7.28 and a debt-to-equity ratio of 1.11. The firm has a market cap of C$119.39 million, a PE ratio of 9.75 and a beta of 0.68. The stock has a 50 day simple moving average of C$2.41 and a 200-day simple moving average of C$2.37.

Pulse Seismic (TSE:PSD) last issued its quarterly earnings results on Tuesday, July 23rd. The company reported C$0.03 earnings per share (EPS) for the quarter. Pulse Seismic had a return on equity of 40.26% and a net margin of 34.35%. The business had revenue of C$6.30 million during the quarter. Equities analysts anticipate that Pulse Seismic Inc. will post 0.0407643 earnings per share for the current fiscal year.

Pulse Seismic Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 28th. Stockholders of record on Friday, November 22nd will be given a dividend of $0.015 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.06 dividend on an annualized basis and a dividend yield of 2.58%. Pulse Seismic’s payout ratio is 25.00%.

About Pulse Seismic

Pulse Seismic Inc acquires, markets, and licenses two-dimensional (2D) and three-dimensional (3D) seismic data for the energy sector in Canada. The company also owns and manages a licensable seismic data library that consists of approximately 65,310 net square kilometers of 3D seismic; and 829,207 net linear kilometers of 2D seismic data.