Dawson Geophysical Company (NASDAQ:DWSN - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.41 and traded as high as $1.80. Dawson Geophysical shares last traded at $1.77, with a volume of 81,995 shares traded.
Dawson Geophysical Trading Up 2.9%
The business has a 50 day simple moving average of $1.51 and a 200-day simple moving average of $1.41. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $54.96 million, a price-to-earnings ratio of -6.81 and a beta of -0.04.
Dawson Geophysical (NASDAQ:DWSN - Get Free Report) last released its quarterly earnings data on Tuesday, August 12th. The oil and gas company reported ($0.08) earnings per share for the quarter. The firm had revenue of $9.85 million during the quarter. Dawson Geophysical had a negative net margin of 13.89% and a negative return on equity of 44.29%.
Hedge Funds Weigh In On Dawson Geophysical
An institutional investor recently raised its position in Dawson Geophysical stock. Pinnacle Associates Ltd. grew its position in Dawson Geophysical Company (NASDAQ:DWSN - Free Report) by 55.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,422 shares of the oil and gas company's stock after purchasing an additional 18,000 shares during the period. Pinnacle Associates Ltd. owned approximately 0.16% of Dawson Geophysical worth $62,000 as of its most recent SEC filing. Institutional investors own 7.86% of the company's stock.
Dawson Geophysical Company Profile
(
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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.
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