Pulse Seismic (TSE:PSD) Reaches New 1-Year High - Should You Buy?

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.

Shares of Pulse Seismic Inc. (TSE:PSD - Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as C$4.49 and last traded at C$3.96, with a volume of 77800 shares trading hands. The stock had previously closed at C$3.97.

Pulse Seismic Stock Up 0.7%

The stock's fifty day moving average is C$3.34 and its two-hundred day moving average is C$2.79. The company has a current ratio of 3.85, a quick ratio of 7.28 and a debt-to-equity ratio of 1.25. The firm has a market cap of C$209.96 million, a P/E ratio of 19.31 and a beta of 0.68.

Pulse Seismic Announces Dividend

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

Pulse Seismic Company Profile

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.