Neal James Coleman Sells 417,700 Shares of Pulse Seismic (TSE:PSD) Stock

Pulse Seismic Inc. (TSE:PSD) Director Neal James Coleman sold 417,700 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of C$2.85, for a total transaction of C$1,190,445.00. Following the transaction, the director directly owned 17 shares of the company’s stock, valued at approximately C$48.45. This trade represents a 100.00% decrease in their ownership of the stock.

Neal James Coleman also recently made the following trade(s):

• On Tuesday, August 11th, Neal James Coleman sold 5,000 shares of Pulse Seismic stock. The stock was sold at an average price of C$3.00, for a total value of C$15,000.00.

Pulse Seismic Stock Performance

TSE:PSD opened at C$2.93 on Friday. The stock has a market cap of C$148.59 million, a P/E ratio of 293.00 and a beta of 0.21. The firm’s fifty day simple moving average is C$3.21 and its 200 day simple moving average is C$3.68. Pulse Seismic Inc. has a twelve month low of C$2.67 and a twelve month high of C$5.24. The company has a quick ratio of 7.28, a current ratio of 7.25 and a debt-to-equity ratio of 1.31.

Pulse Seismic (TSE:PSD) last issued its quarterly earnings data on Tuesday, July 28th. The company reported C$0.03 EPS for the quarter. Pulse Seismic had a net margin of 2.42% and a return on equity of 2.74%. The business had revenue of C$3.61 million during the quarter. As a group, research analysts predict that Pulse Seismic Inc. will post 0.0407643 EPS for the current year.

Pulse Seismic Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Tuesday, August 25th will be paid a $0.0187 dividend. This represents a $0.07 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, August 11th. Pulse Seismic’s dividend payout ratio is presently 712.50%.

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.