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Pulse Seismic (TSE:PSD) Stock Price Crosses Above 200-Day Moving Average - Here's Why

Pulse Seismic logo with Energy background

Shares of 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 traded.

Pulse Seismic Stock Down 4.3%

The stock's 50-day moving average price is C$2.97 and its two-hundred day moving average price is C$2.63. The company has a current ratio of 3.85, a quick ratio of 7.28 and a debt-to-equity ratio of 1.25. The stock has a market capitalization of C$183.02 million, a P/E ratio of 16.83 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. Investors of record on Tuesday, May 20th were issued a $0.0175 dividend. The ex-dividend date was Monday, May 12th. This represents a $0.07 annualized dividend and a yield of 1.94%. This is a positive change from Pulse Seismic's previous quarterly dividend of $0.02. Pulse Seismic's dividend payout ratio (DPR) is 28.05%.

About Pulse Seismic

(Get Free Report)

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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