Pulse Seismic (TSE:PSD) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Pulse Seismic Inc. (TSE:PSD) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.37 and traded as high as C$2.40. Pulse Seismic shares last traded at C$2.31, with a volume of 5,145 shares.

Pulse Seismic Stock Down 3.3 %

The company has a market cap of C$118.36 million, a price-to-earnings ratio of 9.63 and a beta of 0.68. The company has a current ratio of 4.05, a quick ratio of 7.28 and a debt-to-equity ratio of 1.11. The business has a fifty day moving average price of C$2.40 and a two-hundred day moving average price of C$2.37.

Pulse Seismic Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 28th. Stockholders of record on Thursday, November 14th will be issued a $0.015 dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 2.60%. Pulse Seismic’s dividend payout ratio is 25.00%.

Pulse Seismic Company Profile

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.