Pulse Seismic (TSE:PSD) Share Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Shares of Pulse Seismic crossed above its 200-day moving average (C$3.62), trading as high as C$4.39 and last at C$4.23 on Monday with about 31,394 shares changing hands, a commonly watched bullish technical signal.
• Fundamentally, Pulse reported quarterly EPS of C$0.04 with a net margin of 45.25% and ROE of 110.53%, trades at a PE of 9.20 with a market cap around C$214.5M, and pays a quarterly dividend of C$0.0175 (annualized C$0.07) for a 1.7% yield and a ~14.7% payout ratio.

Shares of Pulse Seismic Inc. (TSE:PSD - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$3.62 and traded as high as C$4.39. Pulse Seismic shares last traded at C$4.23, with a volume of 31,394 shares trading hands.

Pulse Seismic Stock Up 0.7%

The business's 50 day moving average is C$4.25 and its 200-day moving average is C$3.62. The company has a debt-to-equity ratio of 1.06, a current ratio of 4.93 and a quick ratio of 7.28. The company has a market cap of C$214.52 million, a PE ratio of 9.20 and a beta of 0.41.

Pulse Seismic (TSE:PSD - Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The company reported C$0.04 earnings per share (EPS) for the quarter. Pulse Seismic had a net margin of 45.25% and a return on equity of 110.53%. The company had revenue of C$6.60 million during the quarter. As a group, analysts predict that Pulse Seismic Inc. will post 0.0407643 EPS for the current year.

Pulse Seismic Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 26th were paid a $0.0175 dividend. The ex-dividend date was Thursday, March 19th. This represents a $0.07 dividend on an annualized basis and a yield of 1.7%. Pulse Seismic's payout ratio is currently 14.67%.

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.

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