Pulse Seismic (TSE:PSD) Share Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Pulse Seismic Inc. stock price recently crossed above its 200-day moving average of C$3.02, reaching a high of C$3.55 during trading.
• The company announced a quarterly dividend of $0.0175 per share, representing an annualized yield of 2.0%.
• Pulse Seismic is a provider of seismic data to the energy sector in western Canada, engaging in the acquisition, marketing, and licensing of both 2D and 3D seismic data.

Pulse Seismic Inc. (TSE:PSD - Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$3.02 and traded as high as C$3.55. Pulse Seismic shares last traded at C$3.50, with a volume of 57,108 shares changing hands.

Pulse Seismic Trading Down 2.6%

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 company has a market cap of C$174.09 million, a PE ratio of 7.80 and a beta of 0.48. The company's 50 day simple moving average is C$3.79 and its two-hundred day simple moving average is C$3.04.

Pulse Seismic Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, August 20th were paid a dividend of $0.0175 per share. This represents a $0.07 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Wednesday, August 13th. Pulse Seismic's dividend payout ratio (DPR) is 14.20%.

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.