Dawson Geophysical (NASDAQ:DWSN) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Dawson Geophysical (NASDAQ:DWSN) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.75 and traded as high as $1.79. Dawson Geophysical shares last traded at $1.70, with a volume of 4,903 shares.

Dawson Geophysical Price Performance

The firm has a fifty day simple moving average of $1.58 and a 200 day simple moving average of $1.75. The company has a market capitalization of $52.55 million, a PE ratio of -8.50 and a beta of 0.69. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.65 and a current ratio of 1.65.

Dawson Geophysical (NASDAQ:DWSN) last announced its quarterly earnings results on Monday, August 12th. The oil and gas company reported ($0.12) earnings per share (EPS) for the quarter. The company had revenue of $12.51 million during the quarter. Dawson Geophysical had a negative net margin of 5.48% and a negative return on equity of 17.27%.

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.