Pulse Seismic (TSE:PSD) Stock Passes Above Two Hundred Day Moving Average - Here's What Happened

Pulse Seismic Inc. (TSE:PSD - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$2.62 and traded as high as C$3.76. Pulse Seismic shares last traded at C$3.76, with a volume of 33,166 shares trading hands.

Pulse Seismic Stock Down 3.6%

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 firm has a 50 day simple moving average of C$2.98 and a 200-day simple moving average of C$2.65. The stock has a market capitalization of C$176.41 million, a price-to-earnings ratio of 16.22 and a beta of 0.68.

Pulse Seismic Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 20th. Investors 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 annualized dividend and a yield of 2.02%. Pulse Seismic's dividend payout ratio (DPR) is currently 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.