Pulse Seismic (TSE:PSD) Share Price Passes Above 200 Day Moving Average - What's Next?

Pulse Seismic Inc. (TSE:PSD - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.44 and traded as high as C$2.65. Pulse Seismic shares last traded at C$2.65, with a volume of 6,034 shares traded.

Pulse Seismic Trading Down 2.2%

The firm has a market cap of C$134.21 million, a price-to-earnings ratio of 12.34 and a beta of 0.68. The firm's 50-day moving average is C$2.51 and its 200-day moving average is C$2.44. The company has a current ratio of 3.85, a quick ratio of 7.28 and a debt-to-equity ratio of 1.25.

Pulse Seismic Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 20th. Stockholders of record on Tuesday, May 20th were issued a dividend of $0.0175 per share. This is a boost from Pulse Seismic's previous quarterly dividend of $0.02. This represents a $0.07 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date of this dividend was Monday, May 12th. Pulse Seismic's dividend payout ratio (DPR) is currently 28.05%.

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.