Pulse Seismic (TSE:PSD) Sets New 1-Year High - Here's What Happened

Key Points

• Pulse Seismic Inc. reached a new 52-week high of C$3.82, closing the day at C$3.80 with a trading volume of 58,584 shares.
• The company announced a quarterly dividend of $0.0175, scheduled for payment on August 20th, representing an annualized dividend yield of 1.82%.
• Pulse Seismic has a market capitalization of C$195.22 million and a PE ratio of 17.95, indicating strong financial fundamentals.

Pulse Seismic Inc. (TSE:PSD - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$3.82 and last traded at C$3.80, with a volume of 58584 shares trading hands. The stock had previously closed at C$3.74.

Pulse Seismic Price Performance

The company's 50 day moving average price is C$3.20 and its 200-day moving average price is C$2.73. The company has a market capitalization of C$201.83 million, a PE ratio of 18.56 and a beta of 0.68. The company has a current ratio of 3.85, a quick ratio of 7.28 and a debt-to-equity ratio of 1.25.

Pulse Seismic Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 20th. Stockholders of record on Wednesday, August 20th will be paid a $0.0175 dividend. This represents a $0.07 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Wednesday, August 13th. Pulse Seismic's dividend payout ratio is 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.