Tgs Asa (OTCMKTS:TGSGY – Get Free Report) traded down 1.5% during trading on Thursday . The company traded as low as $8.66 and last traded at $8.84. 3,262 shares changed hands during trading, a decline of 56% from the average session volume of 7,456 shares. The stock had previously closed at $8.97.
Tgs Asa Price Performance
The business’s 50-day simple moving average is $7.91 and its 200-day simple moving average is $9.16.
Tgs Asa Cuts Dividend
The business also recently announced a dividend, which was paid on Thursday, June 12th. Shareholders of record on Tuesday, May 20th were issued a dividend of $0.0844 per share. The ex-dividend date was Monday, May 19th. This represents a yield of 4.4%. Tgs Asa’s dividend payout ratio (DPR) is currently 45.30%.
About Tgs Asa
TGS ASA provides geoscience data services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include 2D and 3D seismic imaging solution in depth and time domains; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing.
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