Pulse Seismic (TSE:PSD) Sets New 1-Year High – Here’s Why

Pulse Seismic Inc. (TSE:PSD) shares reached a new 52-week high on Monday . The stock traded as high as C$3.02 and last traded at C$3.05, with a volume of 1930 shares traded. The stock had previously closed at C$3.00.

Pulse Seismic Stock Performance

The company has a market cap of C$156.58 million, a price-to-earnings ratio of 14.40 and a beta of 0.68. The company has a debt-to-equity ratio of 1.25, a current ratio of 3.85 and a quick ratio of 7.28. The firm has a fifty day simple moving average of C$2.63 and a 200 day simple moving average of C$2.50.

Pulse Seismic Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 20th. Investors of record on Tuesday, May 20th were given a dividend of $0.0175 per share. The ex-dividend date was Monday, May 12th. This represents a $0.07 dividend on an annualized basis and a yield of 2.27%. This is a positive change from Pulse Seismic’s previous quarterly dividend of $0.02. Pulse Seismic’s payout ratio is 28.05%.

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.