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Pulse Seismic (TSE:PSD) Sets New 12-Month High - What's Next?

Pulse Seismic logo with Energy background

Pulse Seismic Inc. (TSE:PSD - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$3.55 and last traded at C$3.60, with a volume of 10366 shares. The stock had previously closed at C$3.63.

Pulse Seismic Stock Performance

The company has a quick ratio of 7.28, a current ratio of 3.85 and a debt-to-equity ratio of 1.25. The stock has a market cap of C$183.02 million, a price-to-earnings ratio of 16.83 and a beta of 0.68. The company's 50-day simple moving average is C$2.94 and its 200-day simple moving average is C$2.62.

Pulse Seismic Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 20th. Shareholders of record on Tuesday, May 20th were given a dividend of $0.0175 per share. This represents a $0.07 annualized dividend and a yield of 1.94%. This is a boost from Pulse Seismic's previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Monday, May 12th. Pulse Seismic's payout ratio is presently 28.05%.

Pulse Seismic Company Profile

(Get Free Report)

Pulse Seismic Inc is a Canadian company which acts as a provider of seismic data to the energy sector in western Canada. The company is engaged in the acquisition, marketing, and licensing of 2D and 3D seismic data to the energy sector. It offers the full suite of project management services including On-site professional project management, experienced cost estimation services, daily reporting to clients and detailed project cost tracking, procurement of subcontractors to ensure regulatory compliance, and others.

Further Reading

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