Pulse Seismic (TSE:PSD) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Pulse Seismic Inc. (TSE:PSD) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$3.57 and traded as high as C$4.05. Pulse Seismic shares last traded at C$4.03, with a volume of 48,583 shares trading hands.

Pulse Seismic Stock Up 1.0%

The firm has a market capitalization of C$204.38 million, a price-to-earnings ratio of 8.76 and a beta of 0.41. The company has a current ratio of 4.93, a quick ratio of 7.28 and a debt-to-equity ratio of 1.06. The firm has a 50 day moving average price of C$4.18 and a two-hundred day moving average price of C$3.57.

Pulse Seismic (TSE:PSD) last released its quarterly earnings data on Tuesday, February 24th. The company reported C$0.04 earnings per share for the quarter. The business had revenue of C$6.60 million for the quarter. Pulse Seismic had a return on equity of 110.53% and a net margin of 45.25%. On average, equities analysts expect that Pulse Seismic Inc. will post 0.0407643 earnings per share for the current fiscal year.

Pulse Seismic Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 26th were given a dividend of $0.0175 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $0.07 annualized dividend and a yield of 1.7%. Pulse Seismic’s payout ratio is 14.67%.

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.