Pulse Seismic (TSE:PSD) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Pulse Seismic Inc. (TSE:PSD)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$3.55 and traded as high as C$4.10. Pulse Seismic shares last traded at C$4.04, with a volume of 77,412 shares changing hands.

Pulse Seismic Price Performance

The firm has a market cap of C$204.89 million, a PE ratio of 8.78 and a beta of 0.36. The company has a debt-to-equity ratio of 1.06, a quick ratio of 7.28 and a current ratio of 4.93. The company’s 50-day simple moving average is C$4.16 and its two-hundred day simple moving average is C$3.55.

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

Pulse Seismic Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 26th were given a dividend of $0.0175 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $0.07 dividend on an annualized basis and a yield of 1.7%. Pulse Seismic’s dividend payout ratio is presently 14.67%.

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.