Pulse Seismic (TSE:PSD) Stock Crosses Below 200-Day Moving Average – Here’s Why

Pulse Seismic Inc. (TSE:PSDGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$3.74 and traded as low as C$3.29. Pulse Seismic shares last traded at C$3.35, with a volume of 24,188 shares trading hands.

Pulse Seismic Trading Down 2.9%

The company has a market cap of C$167.87 million, a P/E ratio of 19.47 and a beta of 0.28. The company has a current ratio of 3.16, a quick ratio of 7.28 and a debt-to-equity ratio of 1.36. The business has a 50 day moving average price of C$3.59 and a 200-day moving average price of C$3.74.

Pulse Seismic (TSE:PSDGet Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported C($0.03) EPS for the quarter. Pulse Seismic had a return on equity of 45.85% and a net margin of 27.77%.The company had revenue of C$1.85 million for the quarter. Analysts forecast that Pulse Seismic Inc. will post 0.0407643 earnings per share for the current fiscal year.

Pulse Seismic Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 26th were given a dividend of $0.0187 per share. This represents a $0.07 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Tuesday, May 12th. This is a positive change from Pulse Seismic’s previous quarterly dividend of $0.02. Pulse Seismic’s dividend payout ratio is currently 41.18%.

Pulse Seismic Company Profile

(Get Free Report)

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.

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