Dawson Geophysical (NASDAQ:DWSN) Share Price Crosses Above 200-Day Moving Average of $1.82

Dawson Geophysical (NASDAQ:DWSN)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.82 and traded as high as $2.15. Dawson Geophysical shares last traded at $2.09, with a volume of 13,100 shares traded.

Dawson Geophysical Price Performance

The company’s fifty day moving average is $1.86 and its two-hundred day moving average is $1.82. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a market cap of $52.25 million, a price-to-earnings ratio of -3.27 and a beta of 1.00.

Dawson Geophysical (NASDAQ:DWSN) last released its quarterly earnings data on Monday, July 31st. The oil and gas company reported ($0.18) EPS for the quarter. The company had revenue of $20.22 million during the quarter. Dawson Geophysical had a negative net margin of 22.45% and a negative return on equity of 49.54%.

Institutional Trading of Dawson Geophysical

A hedge fund recently bought a new stake in Dawson Geophysical stock. Thompson Davis & CO. Inc. bought a new stake in Dawson Geophysical (NASDAQ:DWSN) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 27,130 shares of the oil and gas company’s stock, valued at approximately $55,000. Thompson Davis & CO. Inc. owned approximately 0.11% of Dawson Geophysical as of its most recent filing with the SEC. Institutional investors own 85.10% of the company’s stock.

About Dawson Geophysical

Dawson Geophysical Company provides onshore seismic data acquisition and processing services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries.