Dawson Geophysical (NASDAQ:DWSN) Share Price Passes Above 200-Day Moving Average - What's Next?

Key Points

• Dawson Geophysical's stock crossed above its 200-day moving average of $2.33, trading as high as $2.68 and last at $2.65, though it remains below the 50‑day SMA of $3.10.
• Fundamentals are weak: the company missed quarterly estimates (EPS $0.02 vs. $0.06 consensus; revenue $26.95M vs. $45M) and shows negative profitability metrics and a negative P/E.
• Market sentiment is mixed — the average analyst rating is "Hold" despite one recent upgrade to Buy, institutional ownership is low (~7.9%), and market cap is about $82M.

Dawson Geophysical Company (NASDAQ:DWSN - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.33 and traded as high as $2.68. Dawson Geophysical shares last traded at $2.65, with a volume of 52,921 shares traded.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on DWSN shares. Weiss Ratings reiterated a "hold (c-)" rating on shares of Dawson Geophysical in a research report on Friday, March 27th. Wall Street Zen upgraded shares of Dawson Geophysical from a "hold" rating to a "buy" rating in a research report on Sunday, April 5th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Dawson Geophysical currently has an average rating of "Hold".

Dawson Geophysical Trading Up 2.3%

The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.81 and a current ratio of 0.81. The business has a fifty day simple moving average of $3.10 and a 200 day simple moving average of $2.33. The stock has a market cap of $82.28 million, a price-to-earnings ratio of -37.86 and a beta of -0.12.

Dawson Geophysical (NASDAQ:DWSN - Get Free Report) last released its quarterly earnings results on Monday, March 30th. The oil and gas company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by ($0.04). The company had revenue of $26.95 million during the quarter, compared to analyst estimates of $45.00 million. Dawson Geophysical had a negative return on equity of 11.82% and a negative net margin of 2.57%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. HRT Financial LP acquired a new stake in shares of Dawson Geophysical during the 4th quarter worth about $26,000. Virtu Financial LLC acquired a new position in shares of Dawson Geophysical in the fourth quarter valued at approximately $29,000. Bridgeway Capital Management LLC lifted its stake in shares of Dawson Geophysical by 83.8% during the fourth quarter. Bridgeway Capital Management LLC now owns 21,710 shares of the oil and gas company's stock valued at $34,000 after buying an additional 9,900 shares during the period. Teton Advisors LLC purchased a new position in shares of Dawson Geophysical during the third quarter valued at approximately $35,000. Finally, Jane Street Group LLC acquired a new stake in Dawson Geophysical during the second quarter worth approximately $52,000. 7.86% of the stock is currently owned by hedge funds and other institutional investors.

Dawson Geophysical Company Profile

Dawson Geophysical Company provides land-based seismic data acquisition services to the oil and gas industry. Through its subsidiaries, the company specializes in the design, deployment and operation of seismic crews that collect high-fidelity subsurface data. Its services support exploration and development programs by delivering two-dimensional (2D), three-dimensional (3D) and time-lapse (4D) seismic surveys that enable clients to make informed drilling and reservoir management decisions.

The company's fleet includes vibratory and impulsive seismic sources, high-capacity source trucks, geophone sensor arrays and digital recording systems.

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