Tgs Asa (OTCMKTS:TGSGY) Shares Up 2.9% – Should You Buy?

Tgs Asa (OTCMKTS:TGSGY) was up 2.9% during trading on Friday . The stock traded as high as $9.82 and last traded at $9.71. Approximately 33,515 shares traded hands during mid-day trading, an increase of 115% from the average daily volume of 15,594 shares. The stock had previously closed at $9.44.

Tgs Asa Stock Performance

The business’s 50-day simple moving average is $10.84 and its two-hundred day simple moving average is $11.35.

Tgs Asa Increases Dividend

The business also recently declared a dividend, which was paid on Monday, August 19th. Investors of record on Monday, July 29th were issued a $0.0924 dividend. This is an increase from Tgs Asa’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, July 29th. Tgs Asa’s dividend payout ratio is currently 45.30%.

Tgs Asa Company Profile

TGS ASA provides geoscience data services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include 2D and 3D seismic imaging solution in depth and time domains; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing.