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

Pulse Seismic Inc. (TSE:PSD) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 Price Performance

The firm has a fifty day moving average price of C$2.41 and a two-hundred day moving average price of C$2.37. The stock has a market capitalization of C$119.39 million, a P/E ratio of 9.75 and a beta of 0.68. 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 (TSE:PSD) last announced its earnings results on Tuesday, July 23rd. The company reported C$0.03 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. As a group, analysts expect that Pulse Seismic Inc. will post 0.0407643 EPS for the current fiscal year.

Pulse Seismic Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 28th. Investors of record on Friday, November 22nd will be issued a $0.015 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.06 dividend on an annualized basis and a yield of 2.58%. Pulse Seismic’s dividend payout ratio is currently 25.00%.

About Pulse Seismic

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.