Pulse Seismic (TSE:PSD) Shares Pass Above 200 Day Moving Average – Time to Sell?

Pulse Seismic Inc. (TSE:PSD) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$3.42 and traded as high as C$3.75. Pulse Seismic shares last traded at C$3.67, with a volume of 48,116 shares traded.

Pulse Seismic Price Performance

The firm has a 50-day moving average of C$3.13 and a 200-day moving average of C$3.42. The stock has a market cap of C$186.27 million, a PE ratio of 8.34 and a beta of 0.32. The company has a debt-to-equity ratio of 1.25, a current ratio of 3.85 and a quick ratio of 7.28.

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

Pulse Seismic Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Thursday, November 20th were paid a dividend of $0.0175 per share. This represents a $0.07 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Thursday, November 13th. Pulse Seismic’s dividend payout ratio (DPR) is presently 14.77%.

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.