Pulse Seismic (TSE:PSD) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Pulse Seismic Inc. (TSE:PSD) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.38 and traded as high as C$2.40. Pulse Seismic shares last traded at C$2.40, with a volume of 7,559 shares trading hands.

Pulse Seismic Price Performance

The company has a debt-to-equity ratio of 1.11, a quick ratio of 7.28 and a current ratio of 4.05. The firm has a market capitalization of C$122.98 million, a P/E ratio of 10.00 and a beta of 0.68. The company has a 50-day moving average price of C$2.31 and a 200-day moving average price of C$2.38.

Pulse Seismic Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 28th. Investors of record on Thursday, November 28th were issued a dividend of $0.015 per share. This represents a $0.06 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date was Thursday, November 14th. Pulse Seismic’s dividend payout ratio is currently 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.