Tgs Asa (OTCMKTS:TGSGY) Trading Down 1.7% – What’s Next?

Tgs Asa (OTCMKTS:TGSGY)’s share price was down 1.7% on Monday . The company traded as low as $7.25 and last traded at $7.29. Approximately 70,585 shares were traded during trading, an increase of 155% from the average daily volume of 27,641 shares. The stock had previously closed at $7.42.

Tgs Asa Stock Performance

The business has a 50-day moving average price of $8.18 and a two-hundred day moving average price of $8.58.

Tgs Asa (OTCMKTS:TGSGY) last announced its quarterly earnings data on Thursday, July 17th. The company reported ($0.31) EPS for the quarter.

Tgs Asa Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, August 18th. Investors of record on Tuesday, July 29th will be paid a dividend of $0.0841 per share. The ex-dividend date is Monday, July 28th. This represents a dividend yield of 482.0%. Tgs Asa’s payout ratio is presently 45.30%.

Tgs Asa Company Profile

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.