Pulse Seismic (TSE:PSD) Shares Down 1.7% - Here's What Happened

Pulse Seismic Inc. (TSE:PSD - Get Free Report) was down 1.7% on Tuesday . The stock traded as low as C$2.20 and last traded at C$2.31. Approximately 5,205 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 16,307 shares. The stock had previously closed at C$2.35.

Pulse Seismic Price Performance

The company has a market cap of C$119.90 million, a P/E ratio of 9.63 and a beta of 0.68. The stock has a 50-day simple moving average of C$2.32 and a 200 day simple moving average of C$2.39. The company has a debt-to-equity ratio of 1.11, a quick ratio of 7.28 and a current ratio of 4.05.

Pulse Seismic Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, November 28th. Stockholders of record on Thursday, November 28th were issued a $0.015 dividend. The ex-dividend date was Thursday, November 14th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 2.56%. Pulse Seismic's payout ratio is presently 25.00%.

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.