Pulse Seismic (TSE:PSD) Shares Cross Above 200 Day Moving Average – Should You Sell?

Pulse Seismic Inc. (TSE:PSD)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$3.32 and traded as high as C$3.36. Pulse Seismic shares last traded at C$3.25, with a volume of 129,079 shares.

Pulse Seismic Stock Performance

The firm’s 50-day simple moving average is C$3.11 and its two-hundred day simple moving average is C$3.32. The company has a current ratio of 3.85, a quick ratio of 7.28 and a debt-to-equity ratio of 1.25. The stock has a market capitalization of C$164.95 million, a PE ratio of 7.39 and a beta of 0.35.

Pulse Seismic (TSE:PSD) last released its earnings results on Tuesday, October 28th. The company reported C($0.03) earnings per share (EPS) for the quarter. The business had revenue of C$3.42 million during the quarter. Pulse Seismic had a net margin of 31.51% and a return on equity of 45.18%. On average, equities research analysts expect that Pulse Seismic Inc. will post 0.0407643 earnings per share for the current fiscal year.

Pulse Seismic Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Thursday, November 20th were paid a $0.0175 dividend. This represents a $0.07 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, November 13th. Pulse Seismic’s dividend payout ratio is currently 14.77%.

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.