Pulse Seismic (TSE:PSD) Sets New 52-Week High - Still a Buy?

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

Pulse Seismic Trading Down 1.0%

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 firm's 50 day moving average is C$2.65 and its two-hundred day moving average is C$2.50. The stock has a market cap of C$156.58 million, a price-to-earnings ratio of 14.40 and a beta of 0.68.

Pulse Seismic Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 20th. Stockholders of record on Tuesday, May 20th were given a dividend of $0.0175 per share. This represents a $0.07 dividend on an annualized basis and a dividend yield of 2.27%. This is a boost from Pulse Seismic's previous quarterly dividend of $0.02. The ex-dividend date was Monday, May 12th. Pulse Seismic's dividend payout ratio is presently 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.