Pulse Seismic (TSE:PSD) Shares Pass Above Two Hundred Day Moving Average of $2.14

Pulse Seismic Inc. (TSE:PSD) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.14 and traded as high as C$2.42. Pulse Seismic shares last traded at C$2.42, with a volume of 2,365 shares trading hands.

Pulse Seismic Price Performance

The firm has a market capitalization of C$125.82 million, a PE ratio of 8.64 and a beta of 0.71. The firm’s fifty day moving average price is C$2.30 and its 200 day moving average price is C$2.14. The company has a current ratio of 3.76, a quick ratio of 7.28 and a debt-to-equity ratio of 1.03.

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

Pulse Seismic Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 23rd. Shareholders of record on Thursday, May 23rd were issued a $0.015 dividend. The ex-dividend date of this dividend was Monday, May 13th. This is an increase from Pulse Seismic’s previous quarterly dividend of $0.01. This represents a $0.06 dividend on an annualized basis and a yield of 2.48%. Pulse Seismic’s payout ratio 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.