Pulse Seismic (TSE:PSD) Reaches New 52-Week High - What's Next?

Key Points

• Pulse Seismic Inc. (TSE:PSD) reached a new 52-week high at C$4.49 during trading, closing at C$3.96 with a trading volume of 77,800 shares.
• The company announced a quarterly dividend of $0.0175 per share, with an annualized dividend of $0.07 and a dividend yield of 1.7%.
• Pulse Seismic has a market cap of C$203.86 million, a price-to-earnings ratio of 18.75, and a debt-to-equity ratio of 1.25.

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$4.49 and last traded at C$3.96, with a volume of 77800 shares. The stock had previously closed at C$3.97.

Pulse Seismic Trading Down 1.2%

The business's fifty day moving average price is C$3.31 and its 200 day moving average price is C$2.77. 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 firm has a market capitalization of C$205.89 million, a PE ratio of 18.93 and a beta of 0.68.

Pulse Seismic Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 20th. Shareholders of record on Wednesday, August 20th will be paid a dividend of $0.0175 per share. This represents a $0.07 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Wednesday, August 13th. Pulse Seismic's dividend payout ratio is currently 28.05%.

About Pulse Seismic

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.