Pulse Seismic (TSE:PSD) Share Price Passes Above 200-Day Moving Average – What’s Next?

Pulse Seismic Inc. (TSE:PSD)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.55 and traded as high as C$4.10. Pulse Seismic shares last traded at C$4.04, with a volume of 77,412 shares traded.

Pulse Seismic Stock Up 1.8%

The firm has a market capitalization of C$204.89 million, a PE ratio of 8.78 and a beta of 0.36. The firm’s 50-day moving average is C$4.15 and its 200 day moving average is C$3.55. The company has a debt-to-equity ratio of 1.06, a quick ratio of 7.28 and a current ratio of 4.93.

Pulse Seismic (TSE:PSD) last posted its earnings results on Tuesday, February 24th. The company reported C$0.04 earnings per share for the quarter. The firm had revenue of C$6.60 million during the quarter. Pulse Seismic had a net margin of 45.25% and a return on equity of 110.53%. As a group, research analysts forecast 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, March 26th. Stockholders of record on Thursday, March 26th were paid a dividend of $0.0175 per share. This represents a $0.07 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Thursday, March 19th. Pulse Seismic’s dividend payout ratio (DPR) is 14.67%.

About Pulse Seismic

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.