Dawson Geophysical Company (NASDAQ:DWSN - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.35 and traded as high as $5.54. Dawson Geophysical shares last traded at $2.90, with a volume of 52,783,295 shares traded.
Dawson Geophysical Trading Up 19.3%
The company has a market cap of $66.93 million and a PE ratio of -7.22. The stock's 50 day moving average is $1.34 and its 200-day moving average is $1.36. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.07.
Dawson Geophysical (NASDAQ:DWSN - Get Free Report) last released its earnings results on Tuesday, May 13th. The oil and gas company reported $0.03 earnings per share for the quarter. The firm had revenue of $16.08 million for the quarter. Dawson Geophysical had a negative return on equity of 46.25% and a negative net margin of 15.30%.
Institutional Investors Weigh In On Dawson Geophysical
A hedge fund recently raised its stake in Dawson Geophysical stock. Pinnacle Associates Ltd. raised its holdings in shares of Dawson Geophysical Company (NASDAQ:DWSN - Free Report) by 55.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,422 shares of the oil and gas company's stock after purchasing an additional 18,000 shares during the quarter. Pinnacle Associates Ltd. owned 0.16% of Dawson Geophysical worth $62,000 at the end of the most recent reporting period. 7.86% of the stock is currently owned by institutional investors.
About Dawson Geophysical
(
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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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