Pulse Seismic (TSE:PSD) Stock Passes Above 200-Day Moving Average – Should You Sell?

Shares of Pulse Seismic Inc. (TSE:PSD) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$2.37 and traded as high as C$2.40. Pulse Seismic shares last traded at C$2.31, with a volume of 5,145 shares.

Pulse Seismic Stock Performance

The firm has a 50-day simple moving average of C$2.40 and a two-hundred day simple moving average of C$2.37. The company has a current ratio of 4.05, a quick ratio of 7.28 and a debt-to-equity ratio of 1.11. The company has a market capitalization of C$118.36 million, a price-to-earnings ratio of 9.63 and a beta of 0.68.

Pulse Seismic Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 28th. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.015 per share. The ex-dividend date is Thursday, November 14th. This represents a $0.06 annualized dividend and a dividend yield of 2.60%. Pulse Seismic’s dividend payout ratio is 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.