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Pulse Seismic (TSE:PSD) Stock Passes Above 200-Day Moving Average - Time to Sell?

Pulse Seismic logo with Energy background

Shares of Pulse Seismic Inc. (TSE:PSD - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$2.40 and traded as high as C$2.53. Pulse Seismic shares last traded at C$2.52, with a volume of 608 shares trading hands.

Pulse Seismic Price Performance

The firm has a market capitalization of C$128.11 million, a P/E ratio of 11.78 and a beta of 0.68. 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 firm has a 50 day moving average price of C$2.43 and a 200-day moving average price of C$2.40.

Pulse Seismic Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Tuesday, May 20th will be given a dividend of $0.0175 per share. This is a boost from Pulse Seismic's previous quarterly dividend of $0.02. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.07 dividend on an annualized basis and a yield of 2.78%. Pulse Seismic's payout ratio 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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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