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Dawson Geophysical (NASDAQ:DWSN) Stock Crosses Above 200-Day Moving Average - Here's What Happened

Dawson Geophysical logo with Oils/Energy background

Shares of Dawson Geophysical (NASDAQ:DWSN - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.75 and traded as high as $1.79. Dawson Geophysical shares last traded at $1.70, with a volume of 4,903 shares trading hands.

Dawson Geophysical Stock Down 2.4 %

The stock has a 50-day moving average price of $1.58 and a 200-day moving average price of $1.75. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.65 and a quick ratio of 1.65. The company has a market capitalization of $51.31 million, a P/E ratio of -8.30 and a beta of 0.69.

Dawson Geophysical (NASDAQ:DWSN - Get Free Report) last released its earnings results on Monday, August 12th. The oil and gas company reported ($0.12) earnings per share for the quarter. Dawson Geophysical had a negative net margin of 5.48% and a negative return on equity of 17.27%. The firm had revenue of $12.51 million for the quarter.

About Dawson Geophysical

(Get Free Report)

Dawson Geophysical Company provides onshore seismic data acquisition and processing services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries and carbon capture sequestration projects.

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