Neal James Coleman Sells 417,700 Shares of Pulse Seismic (TSE:PSD) Stock

Pulse Seismic Inc. (TSE:PSD) Director Neal James Coleman sold 417,700 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of C$2.85, for a total value of C$1,190,445.00. Following the sale, the director owned 17 shares of the company’s stock, valued at approximately C$48.45. This represents a 100.00% decrease in their position.

Neal James Coleman also recently made the following trade(s):

• On Tuesday, August 11th, Neal James Coleman sold 5,000 shares of Pulse Seismic stock. The stock was sold at an average price of C$3.00, for a total value of C$15,000.00.

Pulse Seismic Stock Up 2.1%

Shares of PSD traded up C$0.06 during trading hours on Friday, reaching C$2.95. The stock had a trading volume of 57,229 shares, compared to its average volume of 48,117. The firm has a 50-day simple moving average of C$3.22 and a 200 day simple moving average of C$3.69. Pulse Seismic Inc. has a 12 month low of C$2.67 and a 12 month high of C$5.24. The company has a current ratio of 7.25, a quick ratio of 7.28 and a debt-to-equity ratio of 1.31. The company has a market capitalization of C$149.61 million, a price-to-earnings ratio of 295.00 and a beta of 0.21.

Pulse Seismic (TSE:PSD) last announced its quarterly earnings results on Tuesday, July 28th. The company reported C$0.03 EPS for the quarter. Pulse Seismic had a net margin of 2.42% and a return on equity of 2.74%. The business had revenue of C$3.61 million during the quarter. Equities research analysts predict that Pulse Seismic Inc. will post 0.0407643 earnings per share for the current fiscal year.

Pulse Seismic Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Tuesday, August 25th will be issued a dividend of $0.0187 per share. The ex-dividend date is Tuesday, August 11th. This represents a $0.07 annualized dividend and a yield of 2.5%. Pulse Seismic’s dividend payout ratio is 712.50%.

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.