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

Pulse Seismic Inc. (TSE:PSD) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$3.53 and traded as high as C$4.46. Pulse Seismic shares last traded at C$4.36, with a volume of 60,513 shares traded.

Pulse Seismic Trading Up 0.7%

The stock’s 50 day moving average is C$4.11 and its 200-day moving average is C$3.53. The company has a market cap of C$221.12 million, a P/E ratio of 9.48 and a beta of 0.36. The company has a current ratio of 4.93, a quick ratio of 7.28 and a debt-to-equity ratio of 1.06.

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 during the quarter. Pulse Seismic had a net margin of 45.25% and a return on equity of 110.53%. Research analysts anticipate that Pulse Seismic Inc. will post 0.0407643 earnings per share for the current fiscal year.

Pulse Seismic Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 26th will be given a dividend of $0.0175 per share. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $0.07 annualized dividend and a dividend yield of 1.6%. 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.