Pulse Seismic (TSE:PSD) Share Price Passes Above 200-Day Moving Average - Here's What Happened

Pulse Seismic Inc. (TSE:PSD - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$2.37 and traded as high as C$2.37. Pulse Seismic shares last traded at C$2.37, with a volume of 2,539 shares trading hands.

Pulse Seismic Stock Performance

The company has a debt-to-equity ratio of 1.11, a quick ratio of 7.28 and a current ratio of 4.05. The company has a market capitalization of C$119.90 million, a P/E ratio of 9.88 and a beta of 0.68. The business has a 50 day moving average of C$2.42 and a 200-day moving average of C$2.37.

Pulse Seismic (TSE:PSD - Get Free Report) last released its quarterly earnings data on Tuesday, July 23rd. The company reported C$0.03 earnings per share (EPS) for the quarter. Pulse Seismic had a return on equity of 40.26% and a net margin of 34.35%. The company had revenue of C$6.30 million for the quarter. On average, sell-side analysts predict that Pulse Seismic Inc. will post 0.0407643 EPS for the current fiscal year.

Pulse Seismic Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 21st. Investors of record on Wednesday, August 21st were given a dividend of $0.015 per share. This represents a $0.06 annualized dividend and a yield of 2.56%. The ex-dividend date of this dividend was Wednesday, August 14th. Pulse Seismic's payout ratio is 25.00%.

Pulse Seismic Company Profile

Pulse Seismic Inc acquires, markets, and licenses two-dimensional (2D) and three-dimensional (3D) seismic data for the energy sector in Canada. The company also owns and manages a licensable seismic data library that consists of approximately 65,310 net square kilometers of 3D seismic; and 829,207 net linear kilometers of 2D seismic data.