Dawson Geophysical Company (NASDAQ:DWSN - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.74 and traded as high as $4.85. Dawson Geophysical shares last traded at $4.35, with a volume of 76,526 shares traded.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Dawson Geophysical in a research report on Wednesday, July 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of "Hold".
Read Our Latest Stock Analysis on Dawson Geophysical
Dawson Geophysical Price Performance
The firm has a 50-day simple moving average of $4.89 and a 200-day simple moving average of $3.74. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.50. The firm has a market cap of $135.07 million, a P/E ratio of 29.00 and a beta of -0.15.
Dawson Geophysical (NASDAQ:DWSN - Get Free Report) last issued its quarterly earnings data on Thursday, May 14th. The oil and gas company reported $0.25 EPS for the quarter, beating the consensus estimate of ($0.29) by $0.54. The firm had revenue of $36.70 million during the quarter, compared to analyst estimates of $27.20 million. Dawson Geophysical had a return on equity of 26.74% and a net margin of 4.91%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. HRT Financial LP acquired a new stake in Dawson Geophysical during the fourth quarter worth about $26,000. Virtu Financial LLC purchased a new stake in shares of Dawson Geophysical during the fourth quarter worth $29,000. Bridgeway Capital Management LLC raised its stake in shares of Dawson Geophysical by 83.8% in 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 acquiring an additional 9,900 shares in the last quarter. OMERS ADMINISTRATION Corp acquired a new stake in shares of Dawson Geophysical in the first quarter valued at $40,000. Finally, Cetera Investment Advisers purchased a new position in Dawson Geophysical in the first quarter valued at $41,000. Hedge funds and other institutional investors own 7.86% of the company's stock.
Dawson Geophysical Company Profile
(
Get Free Report)
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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