Dawson Geophysical (NASDAQ:DWSN) Shares Cross Above 200-Day Moving Average of $1.66

Dawson Geophysical (NASDAQ:DWSN)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.66 and traded as high as $1.97. Dawson Geophysical shares last traded at $1.97, with a volume of 4,145 shares changing hands.

Dawson Geophysical Stock Up 4.8 %

The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.06. The stock has a 50 day simple moving average of $1.81 and a 200 day simple moving average of $1.66. The stock has a market cap of $60.70 million, a price-to-earnings ratio of -7.58 and a beta of 0.75.

Dawson Geophysical (NASDAQ:DWSN) last issued its quarterly earnings results on Monday, May 13th. The oil and gas company reported $0.19 EPS for the quarter. The business had revenue of $31.58 million for the quarter. Dawson Geophysical had a negative return on equity of 19.46% and a negative net margin of 5.95%.

Dawson Geophysical Announces Dividend

The company also recently announced a dividend, which was paid on Monday, May 6th. Shareholders of record on Monday, April 22nd were given a $0.32 dividend. This represents a yield of 18.03%. The ex-dividend date of this dividend was Friday, April 19th.

Dawson Geophysical Company Profile

Dawson Geophysical Company provides onshore seismic data acquisition and processing services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries and carbon capture sequestration projects.