Dawson Geophysical (NASDAQ:DWSN) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

Dawson Geophysical (NASDAQ:DWSN)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $1.74 and traded as high as $1.77. Dawson Geophysical shares last traded at $1.77, with a volume of 2,823 shares trading hands.

Dawson Geophysical Stock Up 4.7 %

The stock has a market cap of $54.71 million, a PE ratio of -8.85 and a beta of 0.68. The firm has a fifty day moving average of $1.61 and a 200 day moving average of $1.74. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.06.

Dawson Geophysical (NASDAQ:DWSN) last posted its earnings results on Monday, August 12th. The oil and gas company reported ($0.12) EPS for the quarter. The business 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.