Pulse Seismic (TSE:PSD) Share Price Crosses Above 200 Day Moving Average – Here’s Why

Pulse Seismic Inc. (TSE:PSD) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.38 and traded as high as C$2.40. Pulse Seismic shares last traded at C$2.40, with a volume of 7,559 shares trading hands.

Pulse Seismic Price Performance

The company has a quick ratio of 7.28, a current ratio of 4.05 and a debt-to-equity ratio of 1.11. The company’s 50-day moving average is C$2.31 and its 200-day moving average is C$2.38. The stock has a market cap of C$122.98 million, a price-to-earnings ratio of 10.00 and a beta of 0.68.

Pulse Seismic Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 28th. Shareholders of record on Thursday, November 28th were paid a dividend of $0.015 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.06 annualized dividend and a yield of 2.50%. Pulse Seismic’s dividend payout ratio is 25.00%.

About Pulse Seismic

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.