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

Key Points

• Pulse Seismic Inc.'s stock price has surpassed its 200-day moving average of C$2.80, reaching a trading high of C$4.20.
• The company recently announced a quarterly dividend of $0.0175 per share, with an annualized yield of 1.7%.
• Pulse Seismic has a market capitalization of C$210.98 million and a price-to-earnings ratio of 19.40.

Pulse Seismic Inc. (TSE:PSD - )'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.80 and traded as high as C$4.20. Pulse Seismic shares last traded at C$4.15, with a volume of 117,966 shares changing hands.

Pulse Seismic Stock Up 0.5%

The company has a market capitalization of C$210.98 million, a price-to-earnings ratio of 19.40 and a beta of 0.68. The company has a quick ratio of 7.28, a current ratio of 3.85 and a debt-to-equity ratio of 1.25. The firm has a 50 day moving average price of C$3.37 and a two-hundred day moving average price of C$2.80.

Pulse Seismic Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 20th. Shareholders of record on Wednesday, August 20th will be issued a dividend of $0.0175 per share. The ex-dividend date is Wednesday, August 13th. This represents a $0.07 annualized dividend and a yield of 1.7%. Pulse Seismic's payout ratio 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.

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