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Dawson Geophysical (NASDAQ:DWSN) Shares Pass Above 200-Day Moving Average - Here's Why

Dawson Geophysical logo with Oils/Energy background

Dawson Geophysical (NASDAQ:DWSN - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.74 and traded as high as $1.78. Dawson Geophysical shares last traded at $1.71, with a volume of 10,404 shares.

Dawson Geophysical Stock Performance

The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.06. The company has a market cap of $51.62 million, a P/E ratio of -8.35 and a beta of 0.68. The business's 50 day simple moving average is $1.60 and its 200 day simple moving average is $1.74.

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

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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