Pulse Seismic (TSE:PSD) Hits New 52-Week High – Here’s Why

Pulse Seismic Inc. (TSE:PSD)’s stock price hit a new 52-week high on Thursday . The stock traded as high as C$4.42 and last traded at C$4.35, with a volume of 193484 shares trading hands. The stock had previously closed at C$4.08.

Pulse Seismic Stock Down 1.6%

The firm’s fifty day simple moving average is C$3.66 and its 200 day simple moving average is C$3.45. The company has a current ratio of 3.85, a quick ratio of 7.28 and a debt-to-equity ratio of 1.25. The company has a market cap of C$215.71 million, a price-to-earnings ratio of 9.66 and a beta of 0.44.

Pulse Seismic (TSE:PSD) last announced its quarterly earnings data on Tuesday, February 24th. The company reported C$0.04 earnings per share for the quarter. The business had revenue of C$6.60 million for the quarter. Pulse Seismic had a net margin of 31.51% and a return on equity of 45.18%. Sell-side analysts predict that Pulse Seismic Inc. will post 0.0407643 earnings per share for the current year.

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.