Pulse Seismic (TSE:PSD) Shares Cross Above 200 Day Moving Average of $2.12

Pulse Seismic Inc. (TSE:PSD)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$2.12 and traded as high as C$2.32. Pulse Seismic shares last traded at C$2.19, with a volume of 7,210 shares trading hands.

Pulse Seismic Stock Performance

The company has a market cap of C$113.86 million, a P/E ratio of 7.82 and a beta of 0.71. The company has a quick ratio of 7.28, a current ratio of 3.76 and a debt-to-equity ratio of 1.03. The stock’s 50-day moving average price is C$2.29 and its 200 day moving average price is C$2.12.

Pulse Seismic (TSE:PSD) last released its quarterly earnings results on Wednesday, April 24th. The company reported C$0.05 EPS for the quarter. Pulse Seismic had a net margin of 37.42% and a return on equity of 47.51%. The company had revenue of C$8.78 million for the quarter. As a group, research analysts expect that Pulse Seismic Inc. will post 0.0433121 EPS for the current fiscal year.

Pulse Seismic Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 23rd. Stockholders of record on Thursday, May 23rd were paid a $0.015 dividend. This is an increase from Pulse Seismic’s previous quarterly dividend of $0.01. The ex-dividend date was Monday, May 13th. This represents a $0.06 annualized dividend and a dividend yield of 2.74%. Pulse Seismic’s dividend payout ratio (DPR) is presently 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.