Pulse Seismic (TSE:PSD) Sets New 1-Year High - Still a Buy?

Pulse Seismic Inc. (TSE:PSD - Get Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as C$3.72 and last traded at C$3.43, with a volume of 18119 shares trading hands. The stock had previously closed at C$3.42.

Pulse Seismic Stock Performance

The company has a debt-to-equity ratio of 1.25, a current ratio of 3.85 and a quick ratio of 7.28. The stock's fifty day simple moving average is C$2.86 and its 200-day simple moving average is C$2.59. The firm has a market cap of C$180.98 million, a PE ratio of 16.64 and a beta of 0.68.

Pulse Seismic Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 20th. Shareholders of record on Tuesday, May 20th were issued a $0.0175 dividend. This is a boost from Pulse Seismic's previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.07 dividend on an annualized basis and a yield of 1.97%. Pulse Seismic's 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.