Pulse Seismic (TSE:PSD) Shares Cross Above 200 Day Moving Average of $2.01

Pulse Seismic Inc. (TSE:PSD)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.01 and traded as high as C$2.19. Pulse Seismic shares last traded at C$2.15, with a volume of 2,350 shares.

Pulse Seismic Price Performance

The company has a debt-to-equity ratio of 1.05, a quick ratio of 7.28 and a current ratio of 1.50. The stock’s 50-day moving average is C$2.20 and its two-hundred day moving average is C$2.01. The stock has a market cap of C$111.80 million, a PE ratio of 7.68 and a beta of 0.69.

Pulse Seismic (TSE:PSD) last released its quarterly earnings results on Thursday, February 15th. The company reported C$0.16 EPS for the quarter. Pulse Seismic had a return on equity of 50.74% and a net margin of 38.35%. The business had revenue of C$16.86 million during the quarter. On average, equities analysts predict that Pulse Seismic Inc. will post 0.0405823 earnings per share for the current year.

Pulse Seismic Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Tuesday, May 14th will be paid a dividend of $0.015 per share. The ex-dividend date is Monday, May 13th. This is a positive change from Pulse Seismic’s previous quarterly dividend of $0.01. This represents a $0.06 dividend on an annualized basis and a yield of 2.79%. Pulse Seismic’s dividend payout ratio is 21.43%.

About Pulse Seismic

Pulse Seismic Inc acquires, markets, and licenses two-dimensional (2D) and three-dimensional (3D) seismic data for the energy sector in Canada. The company also owns and manages a licensable seismic data library that consists of approximately 65,310 net square kilometers of 3D seismic; and 829,207 net linear kilometers of 2D seismic data.