Pulse Seismic (TSE:PSD) Reaches New 12-Month High – What’s Next?

Pulse Seismic Inc. (TSE:PSD) hit a new 52-week high during trading on Wednesday . The stock traded as high as C$4.99 and last traded at C$4.85, with a volume of 59692 shares trading hands. The stock had previously closed at C$4.71.

Pulse Seismic Price Performance

The stock has a market cap of C$235.82 million, a price-to-earnings ratio of 10.11 and a beta of 0.36. The stock’s 50 day moving average price is C$3.92 and its two-hundred day moving average price is C$3.50. The company has a quick ratio of 7.28, a current ratio of 4.93 and a debt-to-equity ratio of 1.06.

Pulse Seismic (TSE:PSD) last posted its earnings results on Tuesday, February 24th. The company reported C$0.04 earnings per share (EPS) for the quarter. Pulse Seismic had a net margin of 45.25% and a return on equity of 110.53%. The company had revenue of C$6.60 million during the quarter. Equities research analysts forecast that Pulse Seismic Inc. will post 0.0407643 EPS for the current fiscal year.

Pulse Seismic Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 26th will be issued a $0.0175 dividend. This represents a $0.07 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, March 19th. Pulse Seismic’s payout ratio is 14.67%.

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.