Pulse Seismic (TSE:PSD) Reaches New 12-Month High - Time to Buy?

Shares of Pulse Seismic Inc. (TSE:PSD - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$3.02 and last traded at C$3.05, with a volume of 1930 shares traded. The stock had previously closed at C$3.00.

Pulse Seismic Stock Up 3.0%

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 company has a market cap of C$157.60 million, a PE ratio of 14.49 and a beta of 0.68. The stock has a 50-day moving average of C$2.69 and a 200-day moving average of C$2.52.

Pulse Seismic Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 20th. Investors of record on Tuesday, May 20th were given a $0.0175 dividend. This represents a $0.07 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date of this dividend was Monday, May 12th. This is an increase from Pulse Seismic's previous quarterly dividend of $0.02. Pulse Seismic's dividend payout ratio (DPR) 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.